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 2.88 to 4.47 . . 3.31 (72.96%)
Intermediate 3.31 to 4.3 . . 3.56 (74.75%)
Short 4.3 to 3.52 . . 4.18 (84.62%)