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 0.0247 to 0.0758 . . 0.038 (73.97%)
Intermediate 0.0755 to 0.0482 0.0584 (37.36%) . .
Short 0.0613 to 0.0481 0.0482 (0.76%) . .