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 0.0344 to 0.0749 . . 0.0461 (71.11%)
Intermediate 0.07 to 0.0461 . . 0.065 (79.08%)
Short 0.07 to 0.05 . 0.0617 (58.50%) .