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 1.25 to 0.43 0.73 (36.59%) . .
Intermediate 0.5574 to 0.74 0.6783 (33.79%) . .
Short 0.5574 to 0.74 0.6783 (33.79%) . .