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 0.95 to 0.3 0.4497 (23.03%) . .
Intermediate 0.7533 to 0.3 0.4497 (33.02%) . .
Short 0.3 to 0.47 . 0.3787 (53.71%) .