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 1.5165 to 1.4729 . . 1.5297 (130.28%)
Intermediate 1.5084 to 1.4732 . . 1.5297 (160.51%)
Short 1.4732 to 1.5049 1.5011 (11.99%) . .