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 0.1297 to 0.0285 . . 0.1 (70.65%)
Intermediate 0.04 to 0.1 . . 0.05 (83.33%)
Short 0.09 to 0.0478 . 0.07 (52.61%) .