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 0.6539 to 0.6754 . 0.6646 (50.23%) .
Intermediate 0.666 to 0.6754 . . 0.6646 (114.89%)
Short 0.6754 to 0.6713 . 0.6737 (58.54%) .