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 0.2135 to 0.2249 0.2214 (30.70%) . .
Intermediate 0.2168 to 0.2249 . 0.2214 (43.21%) .
Short 0.2192 to 0.2249 . . 0.2214 (61.40%)