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 0.8136 to 0.8583 . 0.8347 (52.80%) .
Intermediate 0.8136 to 0.8583 . 0.8347 (52.80%) .
Short 0.8326 to 0.8583 . . 0.8347 (91.83%)