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 0.048 to 0.149 0.1108 (37.82%) . .
Intermediate 0.0516 to 0.149 0.1108 (39.22%) . .
Short 0.0796 to 0.149 . 0.1108 (55.04%) .