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 0.4082 to 0.704 . 0.572 (44.62%) .
Intermediate 0.704 to 0.5692 . 0.6487 (58.98%) .
Short 0.5692 to 0.6487 . . 0.597 (65.03%)