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 7.58 to 0.305 0.391 (1.18%) . .
Intermediate 0.8671 to 0.305 0.391 (15.30%) . .
Short 0.3366 to 0.3962 . . 0.141 (428.19%)