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 to 0.8073 0.5254 (34.92%) . .
Intermediate 0.8073 to 0.5138 . . 17.04 (5630.73%)
Short 0.5138 to 17.04 14.88 (13.07%) . .