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 0.93 to 0.3176 0.4635 (23.82%) . .
Intermediate 0.68 to 0.3176 . 0.4635 (40.26%) .
Short 0.482 to 0.3176 . . 0.4635 (88.75%)