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 0.12 to 0.078 0.09 (28.57%) . .
Intermediate 0.1 to 0.078 . 0.09 (54.55%) .
Short 0.094 to 0.072 0.08 (36.36%) . .