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 0.05 to 0.1394 . 0.097 (47.43%) .
Intermediate 0.1394 to 0.094 . . 0.129 (77.09%)
Short 0.1227 to 0.094 . . 0.129 (121.95%)