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 1.39 to 0.6601 0.7497 (12.28%) . .
Intermediate 1.07 to 0.6601 0.7497 (21.86%) . .
Short 0.86 to 0.6601 . 0.7497 (44.82%) .