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 1.37 to 0.5 0.54 (4.60%) . .
Intermediate 0.772 to 0.5 0.54 (14.71%) . .
Short 0.545 to 0.476 0.5025 (38.41%) . .