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 0.1023 to 0.0442 . . 0.089 (77.11%)
Intermediate 0.0442 to 0.0671 0.065 (9.17%) . .
Short 0.053 to 0.0671 0.065 (14.89%) . .