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 0.002 to 0.0319 . 0.0149 (56.86%) .
Intermediate 0.0319 to 0.0144 . 0.022 (43.43%) .
Short 0.0294 to 0.0144 . 0.022 (50.67%) .