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 0.2146 to 0.2249 . . 0.2168 (78.64%)
Intermediate 0.2192 to 0.2249 . . 0.2168 (142.11%)
Short 0.2249 to 0.2168 0.2177 (11.11%) . .