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 1.197 to 1.2693 . . 1.2248 (61.55%)
Intermediate 1.2693 to 1.2248 . . 1.2597 (78.43%)
Short 1.2514 to 1.2265 . . 1.2597 (133.33%)