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 0.4187 to 0.65 . . 0.4263 (96.71%)
Intermediate 0.4508 to 0.567 . . 0.4626 (89.85%)
Short 0.567 to 0.4626 . . 0.619 (149.81%)