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 to 0.0178 . . 0.0062 (65.17%)
Intermediate 0.0046 to 0.0178 . . 0.0062 (87.88%)
Short 0.0178 to 0.0062 . . 0.016 (84.48%)