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 0.4629 to 0.4285 . . 0.4831 (158.72%)
Intermediate 0.4582 to 0.4537 . . 0.4831 (653.33%)
Short 0.4537 to 0.4646 0.4623 (21.10%) . .