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 1.53 to 0.55 0.82 (27.55%) . .
Intermediate 0.856 to 0.64 0.72 (37.04%) . .
Short 0.7389 to 0.666 . . 0.7199 (73.94%)