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 0.0068 to 0.0203 . . 0.0065 (102.22%)
Intermediate 0.0203 to 0.0076 0.0112 (28.35%) . .
Short 0.0076 to 0.0112 . . 0.0065 (130.56%)