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 0.219 to 0.0285 0.1 (37.53%) . .
Intermediate 0.0799 to 0.0285 . . 0.1 (139.11%)
Short 0.06 to 0.04 . . 0.1 (300.00%)