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 0.9001 to 0.286 . . 0.89 (98.36%)
Intermediate 0.89 to 0.36 0.46 (18.87%) . .
Short 0.69 to 0.36 0.46 (30.30%) . .