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 1.23 to 0.5081 . . 1.15 (88.92%)
Intermediate 1.16 to 0.65 . . 1.02 (72.55%)
Short 0.66 to 1.06 0.915 (36.25%) . .