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 3.75 to 6.36 5.35 (38.70%) . .
Intermediate 5.15 to 6.36 . . 5.35 (83.47%)
Short 5.15 to 6.53 . 5.72 (58.70%) .