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 0.0129 to 0.0336 0.0256 (38.65%) . .
Intermediate 0.0147 to 0.0336 . 0.0256 (42.33%) .
Short 0.0336 to 0.0256 . . 0.038 (155.00%)