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 0.5434 to 0.5697 . . 0.5423 (104.18%)
Intermediate 0.5686 to 0.5485 . 0.5597 (55.72%) .
Short 0.5597 to 0.5487 0.5507 (18.18%) . .