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 0.0679 to 1.34 . . 0.3031 (81.51%)
Intermediate 1.25 to 0.3031 0.636 (35.16%) . .
Short 0.6456 to 0.3785 0.4471 (25.68%) . .