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 0.1396 to 0.055 0.085 (35.46%) . .
Intermediate 0.097 to 0.055 . . 0.085 (71.43%)
Short 0.055 to 0.09 . 0.07 (57.14%) .