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 3.72 to 0.251 0.4203 (4.88%) . .
Intermediate 0.51 to 0.251 . . 0.4203 (65.37%)
Short 0.251 to 0.4203 . 0.335 (50.38%) .