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 to 0.0341 0.0274 (19.65%) . .
Intermediate 0.0045 to 0.0341 0.0274 (22.64%) . .
Short 0.0205 to 0.1 . 0.065 (44.03%) .