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 1.0784 to 1.0517 . . 1.0685 (62.92%)
Intermediate 1.0678 to 1.0517 . . 1.0685 (104.35%)
Short 1.0534 to 1.0693 . . 1.0588 (66.04%)