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 0.4 to 0.1002 . . 0.2999 (66.61%)
Intermediate 0.29 to 0.102 0.142 (21.28%) . .
Short 0.1875 to 0.102 . 0.142 (46.78%) .