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 3.9739 to 0.6758 1.4 (21.96%) . .
Intermediate 1.94 to 0.6758 . 1.4 (57.29%) .
Short 0.7706 to 1.17 1.08 (22.53%) . .