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 2.2164 to 0.6023 . . 2.3647 (109.19%)
Intermediate 1.11 to 0.6023 . . 2.3647 (347.13%)
Short 0.6474 to 1.15 0.9627 (37.27%) . .