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 1.278 to 0.68 0.8 (20.07%) . .
Intermediate 1.08 to 0.68 0.8 (30.00%) . .
Short 0.9245 to 0.68 . 0.8 (49.08%) .