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 1.28 to 0.18 0.2338 (4.89%) . .
Intermediate 0.68 to 0.18 0.2338 (10.76%) . .
Short 0.2912 to 0.1225 0.1349 (7.35%) . .