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 0.28 to 0.145 0.1549 (7.33%) . .
Intermediate 0.175 to 0.145 0.1549 (33.00%) . .
Short 0.1662 to 0.139 . 0.1549 (58.46%) .