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 0.335 to 0.1702 . . 0.7387 (344.96%)
Intermediate 0.2225 to 0.2799 . 0.2506 (51.05%) .
Short 0.2506 to 0.487 0.445 (17.77%) . .