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 8.47 to 3.21 4.37 (22.05%) . .
Intermediate 3.75 to 4.3854 . . 3.98 (63.80%)
Short 3.86 to 4.3854 . . 3.98 (77.16%)