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 1.0686 to 1.1282 . 1.1009 (45.81%) .
Intermediate 1.1282 to 1.1009 . 1.1163 (56.41%) .
Short 1.1255 to 1.1009 . . 1.1163 (62.60%)