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 0.4361 to 0.0876 0.195 (30.82%) . .
Intermediate 0.0876 to 0.195 . . 0.106 (82.87%)
Short 0.195 to 0.112 0.1348 (27.47%) . .