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 0.01 to 0.18 . . 0.012 (98.82%)
Intermediate 0.095 to 0.04 . . 0.079 (70.91%)
Short 0.08 to 0.013 0.02 (10.45%) . .