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 0.3217 to 0.6452 0.5857 (18.39%) . .
Intermediate 0.466 to 0.6452 0.5857 (33.20%) . .
Short 0.5816 to 0.6468 . . 0.5857 (93.71%)