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 0.8197 to 0.36 . 0.59 (50.03%) .
Intermediate 0.7236 to 0.36 . . 0.59 (63.26%)
Short 0.36 to 0.595 0.52 (31.91%) . .