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 0.0376 to 9 . . 0.1 (99.30%)
Intermediate 9 to 0.12 0.1695 (0.56%) . .
Short 9 to 0.12 0.1695 (0.56%) . .