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 0.12 to 0.95 0.9 (6.02%) . .
Intermediate 0.38 to 0.95 0.9 (8.77%) . .
Short 0.95 to 0.76 . . 2.39 (857.89%)