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 1.44 to 1.7778 . . 1.43 (102.96%)
Intermediate 1.7778 to 1.52 1.6199 (38.75%) . .
Short 1.68 to 1.52 . . 1.6199 (62.44%)