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 0.0167 to 0.05 . . 0.028 (66.07%)
Intermediate 0.05 to 0.0241 . . 0.04 (61.39%)
Short 0.0466 to 0.0241 . . 0.04 (70.67%)