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 1.492 to 1.6199 1.5739 (35.97%) . .
Intermediate 1.6199 to 1.5739 . . 1.6087 (75.65%)
Short 1.6087 to 1.5817 . . 1.6044 (84.07%)