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 0.026 to 0.1538 . . 0.039 (89.83%)
Intermediate 0.1234 to 0.0381 . . 0.1117 (86.28%)
Short 0.121 to 0.0501 . . 0.0999 (70.24%)