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 0.1063 to 0.1581 . . 0.1136 (85.91%)
Intermediate 0.1581 to 0.1116 0.127 (33.12%) . .
Short 0.1524 to 0.1116 0.127 (37.75%) . .