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 0.145 to 0.0835 . 0.1099 (42.93%) .
Intermediate 0.1099 to 0.0841 . 0.0979 (53.49%) .
Short 0.1002 to 0.0841 . . 0.0979 (85.71%)