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 0.175 to 0.0765 0.105 (28.93%) . .
Intermediate 0.14 to 0.0765 . 0.105 (44.88%) .
Short 0.105 to 0.0885 . . 0.1049 (99.39%)