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 0.03 . . 0.0001 (99.67%)
Intermediate 0.03 to 0.0001 0.007 (23.08%) . .
Short 0.01 to 0.0001 . . 0.007 (69.70%)