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 0.2137 to 0.2315 . 0.2232 (46.63%) .
Intermediate 0.2315 to 0.2232 . . 0.2297 (78.31%)
Short 0.2304 to 0.2232 . . 0.2297 (90.28%)