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 0.2921 to 0.1275 . . 0.2447 (71.20%)
Intermediate 0.1484 to 0.2447 . . 0.1722 (75.29%)
Short 0.233 to 0.1722 . . 0.219 (76.97%)