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 0.0041 to 0.029 . 0.0155 (54.22%) .
Intermediate 0.0067 to 0.029 . . 0.0155 (60.54%)
Short 0.01 to 0.029 . . 0.0155 (71.05%)