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 0.5086 to 0.5364 . . 0.5051 (112.59%)
Intermediate 0.5344 to 0.5112 0.5178 (28.45%) . .
Short 0.5256 to 0.5112 . 0.5178 (45.83%) .