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 3.77 to 9.62 . 6.86 (47.18%) .
Intermediate 5.18 to 9.62 . . 6.86 (62.16%)
Short 9.62 to 6.86 7.79 (33.70%) . .