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 0.14 to 0.0865 . . 0.12 (62.62%)
Intermediate 0.0867 to 0.12 . . 0.094 (78.08%)
Short 0.12 to 0.094 . . 0.1169 (88.08%)