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 0.1 to 0.24 0.1869 (37.93%) . .
Intermediate 0.12 to 0.24 . 0.1869 (44.25%) .
Short 0.1399 to 0.3001 0.2457 (33.96%) . .