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 0.6594 to 0.6789 . . 0.6536 (129.74%)
Intermediate 0.6787 to 0.6622 . . 0.6775 (92.73%)
Short 0.6784 to 0.6643 0.6662 (13.48%) . .