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 1.12 to 0.5101 0.62 (18.02%) . .
Intermediate 0.8975 to 0.5101 0.62 (28.37%) . .
Short 0.71 to 0.5101 . 0.62 (54.98%) .