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 0.0164 to 0.049 . . 0.0181 (94.79%)
Intermediate 0.0179 to 0.0393 . 0.0293 (46.73%) .
Short 0.0393 to 0.0293 . . 0.0369 (76.00%)