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 0.0016 to 0.0005 . . 0.0012 (63.64%)
Intermediate 0.0011 to 0.0005 . 0.0008 (50.00%) .
Short 0.0009 to 0.0005 . 0.0007 (50.00%) .