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 0.797 to 0.7615 0.7688 (20.56%) . .
Intermediate 0.7705 to 0.7615 . . 0.7688 (81.11%)
Short 0.762 to 0.7688 . . 0.7557 (192.65%)