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 0.137 to 0.276 . . 0.1791 (69.71%)
Intermediate 0.276 to 0.1791 . . 0.245 (68.01%)
Short 0.1791 to 0.252 . 0.22 (43.90%) .