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 0.6075 to 1.15 . . 0.6876 (85.24%)
Intermediate 1.15 to 0.756 0.848 (23.35%) . .
Short 0.9004 to 0.756 . . 0.848 (63.71%)