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 0.2061 to 0.97 . . 0.2875 (89.34%)
Intermediate 0.97 to 0.2875 0.45 (23.81%) . .
Short 0.8 to 0.2875 0.45 (31.71%) . .