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 0.2 to 0.052 . . 0.19 (93.24%)
Intermediate 0.1725 to 0.058 0.0913 (29.08%) . .
Short 0.1122 to 0.058 . . 0.0913 (61.44%)