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 2.37 to 0.5272 0.6404 (6.14%) . .
Intermediate 1.43 to 0.5272 0.6404 (12.54%) . .
Short 0.826 to 0.5272 0.6404 (37.88%) . .