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 0.25 to 0.29 . . 0.26 (75.00%)
Intermediate 0.255 to 0.29 . . 0.26 (85.71%)
Short 0.285 to 0.26 . . 0.28 (80.00%)