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 0.008 to 0.0015 . . 0.0055 (61.54%)
Intermediate 0.0015 to 0.0062 . . 0.0032 (63.83%)
Short 0.0062 to 0.002 . 0.0043 (54.76%) .