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 0.052 to 0.08 . . 0.055 (89.29%)
Intermediate 0.08 to 0.055 . . 11.27 (44860.00%)
Short 0.059 to 11.27 . 5.5 (51.47%) .