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 0.045 to 0.105 . . 0.06 (75.00%)
Intermediate 0.1 to 0.0568 0.0699 (30.32%) . .
Short 0.083 to 0.0568 . 0.0699 (50.00%) .