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 0.162 to 0.363 . . 0.2082 (77.01%)
Intermediate 0.1825 to 0.363 . . 0.2082 (85.76%)
Short 0.363 to 0.222 . . 0.3098 (62.27%)