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 0.0309 to 0.0128 . . 0.043 (166.85%)
Intermediate 0.0128 to 0.0215 . . 0.0155 (68.97%)
Short 0.0215 to 0.013 . . 0.043 (352.94%)