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 4.54 to 2.75 . . 4.37 (90.50%)
Intermediate 2.75 to 4.39 . 3.47 (56.10%) .
Short 4.39 to 3.41 . . 4.27 (87.76%)