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 8.97 to 4 . . 7 (60.36%)
Intermediate 4.4 to 6.59 . . 3.53 (139.73%)
Short 6.59 to 4.06 4.33 (10.67%) . .