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 0.8845 to 0.5277 . 0.7109 (51.35%) .
Intermediate 0.5277 to 0.7129 . 0.6169 (51.84%) .
Short 0.7129 to 0.61 . 0.6619 (50.44%) .