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 0.29 to 0.1 . 0.2 (52.63%) .
Intermediate 0.2005 to 0.1 . . 0.2 (99.50%)
Short 0.1 to 0.2 0.1913 (8.70%) . .