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 0.0502 to 0.344 . . 0.1251 (74.51%)
Intermediate 0.0918 to 0.344 . . 0.1251 (86.80%)
Short 0.344 to 0.1251 0.1701 (20.56%) . .