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 1.3 to 0.7255 0.8092 (14.57%) . .
Intermediate 1.02 to 0.7255 0.8092 (28.42%) . .
Short 0.8522 to 0.7255 . . 0.8092 (66.06%)