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 0.1289 to 0.052 . 0.0899 (49.28%) .
Intermediate 0.052 to 0.0963 . . 0.0567 (89.39%)
Short 0.0771 to 0.0571 . . 0.088 (154.50%)