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 6.84 to 3.45 . . 5.86 (71.09%)
Intermediate 3.53 to 5.42 4.86 (29.63%) . .
Short 5.42 to 4.81 . . 5.86 (172.13%)