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 1.42 to 0.041 0.0589 (1.30%) . .
Intermediate 0.76 to 0.041 0.0589 (2.49%) . .
Short 0.48 to 0.041 0.0589 (4.08%) . .