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 0.105 to 0.6 . . 0.202 (80.40%)
Intermediate 0.49 to 0.2133 0.29 (27.72%) . .
Short 0.36 to 0.205 0.24 (22.58%) . .