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 0.1311 to 0.2097 . . 0.1575 (66.41%)
Intermediate 0.1461 to 0.2097 . . 0.1575 (82.08%)
Short 0.15 to 0.19 . 0.1689 (52.75%) .