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 0.9011 to 0.9423 . 0.9202 (53.64%) .
Intermediate 0.9423 to 0.9202 0.9235 (14.93%) . .
Short 0.9423 to 0.9202 0.9235 (14.93%) . .