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 0.179 to 0.33 0.283 (31.13%) . .
Intermediate 0.216 to 0.33 . 0.283 (41.23%) .
Short 0.283 to 0.415 0.393 (16.67%) . .