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 0.0469 to 0.0132 0.0211 (23.44%) . .
Intermediate 0.025 to 0.0132 . . 0.0211 (66.95%)
Short 0.0132 to 0.0211 . . 0.0103 (136.71%)