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 0.941 to 0.136 0.3058 (21.09%) . .
Intermediate 0.136 to 0.345 . 0.2215 (59.09%) .
Short 0.1785 to 0.345 . . 0.2215 (74.17%)