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 to 0.45 . . 0.0557 (87.62%)
Intermediate 0.45 to 0.0557 0.18 (31.52%) . .
Short 0.057 to 0.18 . . 0.0674 (91.54%)