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 0.99 to 0.0423 0.079 (3.87%) . .
Intermediate 0.1005 to 0.0423 . . 0.079 (63.06%)
Short 0.0423 to 0.079 0.07 (24.52%) . .