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 to 0.22 . . 0.0228 (89.64%)
Intermediate 0.0228 to 0.2 . . 0.046 (86.91%)
Short 0.2 to 0.046 0.052 (3.90%) . .