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 0.0309 to 0.2499 . . 0.0608 (86.35%)
Intermediate 0.2 to 0.0608 . 0.1168 (40.23%) .
Short 0.1149 to 0.0626 . . 0.1149 (100.00%)