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 to 0.4938 . . 0.0812 (83.56%)
Intermediate 0.4938 to 0.0832 0.1995 (28.32%) . .
Short 0.4435 to 0.0832 0.1995 (32.28%) . .