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 1.02 to 0.42 0.4598 (6.63%) . .
Intermediate 0.75 to 0.42 0.4598 (12.06%) . .
Short 0.579 to 0.42 0.4598 (25.03%) . .