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 0.9614 to 0.927 . 0.9473 (59.01%) .
Intermediate 0.9538 to 0.927 . . 0.9473 (75.75%)
Short 0.9478 to 0.9326 0.9347 (13.82%) . .