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 0.09 to 0.016 0.027 (14.86%) . .
Intermediate 0.045 to 0.016 0.027 (37.93%) . .
Short 0.037 to 0.012 . 0.025 (52.00%) .