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 2.24 to 0.0001 0.6999 (31.24%) . .
Intermediate 1.05 to 0.0001 . . 0.6999 (66.65%)
Short 0.8682 to 0.0001 . . 0.6999 (80.61%)