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 0.4762 to 0.4589 . 0.4664 (43.35%) .
Intermediate 0.4746 to 0.4589 . 0.4664 (47.77%) .
Short 0.4664 to 0.4535 0.4571 (27.91%) . .