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 1.9402 to 2.0255 . . 1.9632 (73.04%)
Intermediate 2.0209 to 1.963 . . 2.0427 (137.65%)
Short 2.0023 to 1.9706 . . 2.0427 (227.44%)