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 0.6811 to 0.27 . . 0.659 (94.62%)
Intermediate 0.27 to 0.54 . 0.3865 (56.85%) .
Short 0.2991 to 0.54 . . 0.3865 (63.72%)