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 0.7301 to 0.25 0.44 (39.58%) . .
Intermediate 0.44 to 0.2501 . 0.33 (42.07%) .
Short 0.3475 to 0.14 0.16 (9.64%) . .