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 0.211 to 11.48 . . 0.34 (98.86%)
Intermediate 3.95 to 0.995 1.99 (33.67%) . .
Short 1.99 to 0.636 0.74 (7.68%) . .