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 1.0401 to 1.0784 . 1.0556 (59.53%) .
Intermediate 1.0481 to 1.0784 . . 1.0556 (75.25%)
Short 1.0747 to 1.0551 . . 1.0758 (105.61%)