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 1.2248 to 1.3086 1.2992 (11.22%) . .
Intermediate 1.2566 to 1.3086 1.2992 (18.08%) . .
Short 1.2796 to 1.3086 1.2992 (32.41%) . .