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 1.47 to 0.3709 . . 1.05 (61.79%)
Intermediate 0.69 to 0.427 0.508 (30.80%) . .
Short 0.534 to 0.474 0.4977 (39.50%) . .