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 2.62 to 0.5855 0.88 (14.48%) . .
Intermediate 2.45 to 0.5855 0.88 (15.80%) . .
Short 1.65 to 0.5855 0.88 (27.67%) . .