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 1.1972 to 1.248 . . 1.2134 (68.11%)
Intermediate 1.248 to 1.2134 . . 1.2422 (83.24%)
Short 1.2422 to 1.2205 . . 1.2356 (69.59%)