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 0.74 to 0.39 . . 1.08 (197.14%)
Intermediate 0.4 to 0.7117 0.6523 (19.06%) . .
Short 0.657 to 1.09 . 0.9074 (42.17%) .