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 0.1458 to 0.0602 . . 0.1116 (60.05%)
Intermediate 0.075 to 0.1116 . . 0.08 (86.34%)
Short 0.1 to 0.08 . . 0.1 (100.00%)