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 0.9983 to 0.35 0.508 (24.37%) . .
Intermediate 0.6 to 0.35 . . 0.508 (63.20%)
Short 0.354 to 0.512 . . 0.4134 (62.41%)