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 0.19 to 0.0491 . 0.1238 (53.02%) .
Intermediate 0.1409 to 0.0491 . . 0.1238 (81.37%)
Short 0.065 to 0.1125 . . 0.08 (68.42%)