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 0.4247 to 0.75 . . 0.4759 (84.26%)
Intermediate 0.75 to 0.46 . . 0.9196 (158.48%)
Short 0.46 to 0.9196 0.8422 (16.84%) . .