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 0.1842 to 0.0136 . . 0.17 (91.68%)
Intermediate 0.0797 to 0.0136 . . 0.17 (236.61%)
Short 0.0136 to 0.17 . . 0.0395 (83.44%)