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 0.99 to 0.0605 0.231 (18.34%) . .
Intermediate 0.231 to 0.09 . . 0.176 (60.99%)
Short 0.09 to 0.125 . 0.11 (42.86%) .