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 0.0205 to 0.056 . 0.0371 (53.24%) .
Intermediate 0.0526 to 0.036 0.0417 (34.34%) . .
Short 0.048 to 0.036 . 0.0417 (47.50%) .