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 0.4201 to 0.819 . . 0.46 (90.00%)
Intermediate 0.819 to 0.451 0.55 (26.90%) . .
Short 0.6448 to 0.451 . 0.55 (51.08%) .