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 1.41 to 1.26 . . 1.35 (60.00%)
Intermediate 1.26 to 1.35 . . 1.28 (77.78%)
Short 1.35 to 1.3 . . 1.35 (100.00%)