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 0.5497 to 0.5708 . . 0.5429 (132.23%)
Intermediate 0.5708 to 0.5512 . . 0.5646 (68.37%)
Short 0.5646 to . . 0.5432 (96.21%)