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 0.8101 to 1.37 . . 0.87 (89.30%)
Intermediate 1.37 to 0.9305 . 1.16 (52.22%) .
Short 0.9305 to 1.16 . . 0.87 (126.36%)