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 0.01 to 0.0455 . . 0.0169 (80.56%)
Intermediate 0.0455 to 0.0165 . . 0.0398 (80.34%)
Short 0.035 to 0.018 0.0236 (32.94%) . .