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 0.028 to 0.11 . . 0.06 (60.98%)
Intermediate 0.11 to 0.06 0.063 (6.00%) . .
Short 0.097 to 0.06 0.063 (8.11%) . .