Fibonacci Analysis: Fibonacci analysis evaluates the short term (30 days) intermediate term (60 days) and long term trends (120 days) and retracements. Stocks that retrace 38.2% or less of a trend will usually continue the trend. Retracements exceeding 61.8% indicate a reversal. Alerts will include ABC's up/down (multiple 38% retracements) and various reversal signals.
Time FrameTrend38.2%50%61.8%
Long 2.48 to 5.19 . . 2.59 (95.94%)
Intermediate 4.46 to 2.55 . . 4.26 (89.53%)
Short 2.55 to 4.29 . 3.4 (51.15%) .