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 1.7159 to 1.7913 . . 1.7392 (69.10%)
Intermediate 1.7812 to 1.7388 . . 1.7964 (135.85%)
Short 1.7796 to 1.7388 . . 1.7964 (141.18%)