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 4.2 to 6.7 5.85 (34.00%) . .
Intermediate 5.11 to 6.7 . 5.85 (53.46%) .
Short 6.1 to 13.89 13.1 (10.14%) . .