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 0.903 to 0.9793 . . 0.9289 (66.06%)
Intermediate 0.9793 to 0.9288 . . 0.9634 (68.51%)
Short 0.9288 to 0.9637 . 0.9439 (56.73%) .