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 0.2003 to 0.77 . . 0.31 (80.74%)
Intermediate 0.4803 to 0.28 . . 0.408 (63.90%)
Short 0.28 to 0.41 0.39 (15.38%) . .