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 1.45 to 0.4564 0.665 (20.99%) . .
Intermediate 0.6995 to 0.47 0.515 (19.61%) . .
Short 0.6709 to 0.47 0.515 (22.40%) . .