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 0.195 to 0.57 0.56 (2.67%) . .
Intermediate 0.395 to 0.57 0.56 (5.71%) . .
Short 0.56 to 0.57 . . 0.56 (100.00%)