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 0.4349 to 1.22 1.04 (22.93%) . .
Intermediate 0.57 to 1.22 1.04 (27.69%) . .
Short 0.8 to 1.22 . 1.04 (42.86%) .