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 0.65 to 0.1951 0.3239 (28.31%) . .
Intermediate 0.3073 to 0.2423 0.2563 (21.54%) . .
Short 0.3 to 0.2423 0.2563 (24.26%) . .