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 0.5327 to 0.2436 0.2808 (12.87%) . .
Intermediate 0.4932 to 0.2436 0.2808 (14.90%) . .
Short 0.3841 to 0.2436 0.2808 (26.48%) . .