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 0.0029 0.0052 (32.39%) . .
Intermediate 0.0074 to 0.0029 . 0.0052 (51.11%) .
Short 0.007 to 0.0021 0.0036 (30.61%) . .