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 0.0018 to 0.01 . . 0.0023 (93.90%)
Intermediate 0.01 to 0.0023 0.0033 (12.99%) . .
Short 0.0035 to 0.0023 . . 0.0033 (83.33%)