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 0.1253 to 0.1995 . . 0.134 (88.27%)
Intermediate 0.1995 to 0.15 . 0.1768 (54.14%) .
Short 0.1859 to 0.1311 . 0.1583 (49.64%) .