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 1.32 to 0.5267 . 0.848 (40.50%) .
Intermediate 1.04 to 0.5267 . . 0.848 (62.59%)
Short 0.5267 to 0.85 . . 0.6559 (60.04%)