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 2.2 to 0.22 0.41 (9.60%) . .
Intermediate 0.96 to 0.22 0.41 (25.68%) . .
Short 0.7101 to 0.22 0.41 (38.77%) . .