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 2.52 to 0.7 . . 1.801 (60.49%)
Intermediate 1.8015 to 1.03 . 1.45 (54.44%) .
Short 1.25 to 1.03 . . 1.45 (190.91%)