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 0.05 to 0.0071 . 0.029 (51.05%) .
Intermediate 0.0072 to 0.0293 . . 0.0083 (95.02%)
Short 0.0236 to 0.0083 0.0132 (32.03%) . .