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 0.5822 to 0.5583 . . 0.575 (69.87%)
Intermediate 0.5625 to 0.5751 . . 0.5567 (146.03%)
Short 0.5751 to 0.5703 . . 0.5748 (93.75%)