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 0.0275 to 0.065 . . 0.0334 (84.27%)
Intermediate 0.0371 to 0.0599 . . 0.04 (87.28%)
Short 0.0569 to 0.04 0.0443 (25.44%) . .