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 1.0789 to 1.1282 . 1.1009 (55.38%) .
Intermediate 1.1282 to 1.1009 . 1.1163 (56.41%) .
Short 1.1009 to 1.1167 . 1.1093 (46.84%) .