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 0.3189 to 0.5698 . 0.4367 (53.05%) .
Intermediate 0.5698 to 0.43 0.47 (28.61%) . .
Short 0.566 to 0.43 0.47 (29.41%) . .