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 0.0296 to 0.003 0.008 (18.80%) . .
Intermediate 0.0102 to 0.003 . . 0.008 (69.44%)
Short 0.008 to 0.0035 0.0046 (24.44%) . .