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 1.52 to 0.4611 0.66385 (19.15%) . .
Intermediate 0.89 to 0.4611 . 0.66385 (47.27%) .
Short 0.4611 to 0.66385 . . 0.5404 (60.89%)