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 0.0082 to 0.035 . . 0.0139 (78.73%)
Intermediate 0.0139 to 0.031 0.0246 (37.43%) . .
Short 0.031 to 0.0162 . . 0.0342 (121.62%)