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 0.7201 to 0.31 . 0.497 (45.60%) .
Intermediate 0.31 to 0.47 0.438 (20.00%) . .
Short 0.4017 to 0.497 0.4849 (12.70%) . .