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 0.041 to 0.1279 . . 0.051 (88.49%)
Intermediate 0.1279 to 0.06 . 0.1 (58.91%) .
Short 0.11 to 0.0511 . . 0.09 (66.04%)