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 0.52 to 0.151 . . 0.4648 (85.04%)
Intermediate 0.1859 to 0.466 . 0.3301 (48.52%) .
Short 0.3259 to 0.466 . . 0.3301 (97.00%)