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 0.0015 to 0.0057 0.0043 (33.33%) . .
Intermediate 0.0025 to 0.0057 . 0.0043 (43.75%) .
Short 0.0034 to 0.0057 . . 0.0043 (60.87%)