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 0.1225 to 0.0361 0.0649 (33.33%) . .
Intermediate 0.0361 to 0.0667 . . 0.0372 (96.41%)
Short 0.0667 to 0.0372 . . 0.0552 (61.02%)