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 0.002 to 0.0403 . . 0.0033 (96.61%)
Intermediate 0.0403 to 0.0038 0.0081 (11.78%) . .
Short 0.0173 to 0.0033 0.0081 (34.29%) . .