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 0.0305 . . 0.0066 (78.36%)
Intermediate 0.0031 to 0.0305 . . 0.0066 (87.23%)
Short 0.0305 to 0.0031 . . 0.0298 (97.45%)