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 0.0075 to 0.1831 . . 0.0372 (83.09%)
Intermediate 0.1831 to 0.0372 0.05 (8.77%) . .
Short 0.1399 to 0.0372 0.05 (12.46%) . .