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 to 0.035 . . 0.0052 (85.14%)
Intermediate 0.035 to 0.0052 . . 0.024 (63.09%)
Short 0.0069 to 0.0194 . . 0.0073 (96.80%)