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 0.3815 to 0.606 0.5705 (15.81%) . .
Intermediate 0.4263 to 0.606 0.5705 (19.76%) . .
Short 0.458 to 0.606 0.5705 (23.99%) . .