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 0.025 to 0.018 . 0.022 (57.14%) .
Intermediate 0.024 to 0.018 . . 0.022 (66.67%)
Short 0.021 to 0.023 . . 0.018 (250.00%)