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 0.0531 to 0.1433 . 0.1035 (44.12%) .
Intermediate 0.1406 to 0.1014 . . 0.145 (111.22%)
Short 0.1147 to 0.145 0.135 (33.00%) . .