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 to 0.79 0.5526 (30.05%) . .
Intermediate 0.79 to 0.5526 . 0.66 (45.24%) .
Short 0.57 to 0.66 . . 0.5549 (116.78%)