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 0.8964 to 0.27 . . 0.681 (65.61%)
Intermediate 0.37 to 0.74 . . 0.428 (84.32%)
Short 0.74 to 0.452 0.47 (6.25%) . .