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 0.0314 to 0.007 . 0.021 (57.38%) .
Intermediate 0.016 to 0.0074 . . 0.015 (88.37%)
Short 0.015 to 0.01 . . 0.0146 (92.00%)