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 0.1 to 0.0083 0.035 (29.12%) . .
Intermediate 0.0092 to 0.035 . 0.02 (58.14%) .
Short 0.035 to 0.0197 . . 0.0329 (86.27%)