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 1.0395 to 1.0033 . . 1.0665 (174.59%)
Intermediate 1.0148 to 1.0311 1.0264 (28.83%) . .
Short 1.0264 to 1.049 1.0434 (24.78%) . .