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 0.0151 to 0.0799 . . 0.019 (93.98%)
Intermediate 0.0799 to 0.0206 0.03 (15.85%) . .
Short 0.035 to 0.017 0.0217 (26.11%) . .