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 0.9151 to 0.9794 . 0.9413 (59.25%) .
Intermediate 0.9794 to 0.9503 . 0.9637 (46.05%) .
Short 0.9775 to 0.9503 . 0.9637 (49.26%) .