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 1.05 to 0.2744 0.4298 (20.04%) . .
Intermediate 0.9463 to 0.2744 0.4298 (23.13%) . .
Short 0.4298 to 0.278 0.338 (39.53%) . .