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 0.167 to 0.2758 . . 0.1751 (92.56%)
Intermediate 0.1751 to 0.25 . . 0.18 (93.46%)
Short 0.18 to 0.24 . . 0.2 (66.67%)