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 3.3 to 0.0045 . . 2.56 (77.55%)
Intermediate 0.0045 to 2.56 1.88 (26.61%) . .
Short 1.02 to 2.56 . 1.88 (44.16%) .