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 0.0313 . . 0.0051 (83.71%)
Intermediate 0.015 to 0.022 . . 0.017 (71.43%)
Short 0.0181 to 0.0217 . . 0.0181 (100.00%)