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 0.5609 to 0.3201 . . 0.6 (116.24%)
Intermediate 0.3201 to 0.4665 0.4121 (37.16%) . .
Short 0.3359 to 0.4665 . 0.4121 (41.65%) .