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 0.091 to 0.215 . . 0.098 (94.35%)
Intermediate 0.107 to 0.155 . . 0.098 (118.75%)
Short 0.143 to 0.119 0.123 (16.67%) . .