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 to 10.64 . 4.75 (55.36%) .
Intermediate 7.91 to 4.75 . . 6.99 (70.89%)
Short 4.75 to 6.99 6.99 (0.00%) . .