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 0.033 to 0.078 . . 0.039 (86.67%)
Intermediate 0.062 to 0.04 0.045 (22.73%) . .
Short 0.04 to 0.046 . . 0.039 (116.67%)