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 0.1775 to 0.2655 . . 0.2 (74.43%)
Intermediate 0.2 to 0.2402 0.23 (25.37%) . .
Short 0.2261 to 0.245 . . 0.2335 (60.85%)