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 1.4389 to 1.3955 . 1.4215 (59.91%) .
Intermediate 1.4164 to 1.3955 . . 1.4215 (124.40%)
Short 1.3955 to 1.4074 . . 1.398 (78.99%)