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 0.0707 to 0.2825 . 0.1662 (54.91%) .
Intermediate 0.075 to 0.2825 . 0.1662 (56.05%) .
Short 0.3621 to 4.13 . 2.61 (40.34%) .