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 0.0576 to 0.0258 . 0.04 (44.65%) .
Intermediate 0.0284 to 0.04 . . 0.026 (120.69%)
Short 0.04 to 0.029334 . 0.0353 (55.93%) .