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 0.6778 to 0.6433 . 0.6598 (47.83%) .
Intermediate 0.6625 to 0.6433 . . 0.6598 (85.94%)
Short 0.6471 to 0.6598 0.6549 (38.58%) . .