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 0.115 to 0.1982 . 0.1533 (53.97%) .
Intermediate 0.1486 to 0.1982 . . 0.1533 (90.52%)
Short 0.1982 to 0.1516 . . 0.222 (151.07%)