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 0.0489 to 0.0152 . . 0.0379 (67.36%)
Intermediate 0.0152 to 0.0379 . 0.0288 (40.09%) .
Short 0.0179 to 0.0379 . 0.0288 (45.50%) .