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 0.18 to 0.495 . . 0.3 (61.90%)
Intermediate 0.445 to 0.22 . . 0.3902 (75.64%)
Short 0.3902 to 0.3125 . . 0.38 (86.87%)