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 1.04 to 0.6 0.705 (23.86%) . .
Intermediate 0.98 to 0.6 0.705 (27.63%) . .
Short 0.7999 to 0.6 . 0.705 (52.53%) .