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 0.6492 to 0.9217 . . 0.7396 (66.83%)
Intermediate 0.9217 to 0.7243 . . 0.8474 (62.36%)
Short 0.9217 to 0.7243 . . 0.8474 (62.36%)