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 0.0007 to 0.004 . 0.0023 (51.52%) .
Intermediate 0.0013 to 0.004 . . 0.0023 (62.96%)
Short 0.004 to 0.0023 . 0.0033 (58.82%) .