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 1.9 to 1.31 . . 1.82 (86.44%)
Intermediate 1.31 to 1.66 . . 1.31 (100.00%)
Short 1.66 to 1.31 . . 1.82 (145.71%)