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 0.88 to 0.4999 . 0.692 (50.54%) .
Intermediate 0.82 to 0.4999 . . 0.692 (60.01%)
Short 0.4999 to 0.692 0.62 (37.48%) . .