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 2.18 to 0.5908 0.9051 (19.78%) . .
Intermediate 1.47 to 0.5908 0.9051 (35.75%) . .
Short 0.93 to 0.56 0.5894 (7.95%) . .