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 0.6189 to 0.4499 0.4726 (13.43%) . .
Intermediate 0.58 to 0.4499 0.4726 (17.45%) . .
Short 0.5394 to 0.4499 0.4726 (25.36%) . .