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 0.8228 to 0.8454 . . 0.8249 (90.71%)
Intermediate 0.8454 to 0.8276 0.8306 (16.85%) . .
Short 0.8354 to 0.8249 . 0.8306 (54.29%) .