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 0.011 to 0.045 . 0.031 (41.18%) .
Intermediate 0.012 to 0.045 . 0.031 (42.42%) .
Short 0.033 to 0.032 0.032 (0.00%) . .