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 0.145 to 0.003 0.0099 (4.86%) . .
Intermediate 0.0195 to 0.003 . 0.0099 (41.82%) .
Short 0.0057 to 0.0031 . . 0.005 (73.08%)