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 0.7895 to 0.59 0.6577 (33.93%) . .
Intermediate 0.7602 to 0.59 0.6577 (39.78%) . .
Short 0.72 to 0.5811 0.615 (24.41%) . .