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 0.9265 to 0.9016 0.9064 (19.28%) . .
Intermediate 0.9142 to 0.9016 0.9064 (38.10%) . .
Short 0.9084 to 0.9016 . . 0.9064 (70.59%)