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 0.113 to 0.0234 . 0.072 (54.24%) .
Intermediate 0.0234 to 0.079 . . 0.0394 (71.22%)
Short 0.079 to 0.0448 0.0525 (22.51%) . .