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 1.09 to 0.515 . 0.7995 (49.48%) .
Intermediate 0.515 to 0.7995 . . 0.5828 (76.17%)
Short 0.7995 to 0.5828 . . 0.765 (84.08%)