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 4.12 to 5.43 5.09 (25.95%) . .
Intermediate 5.43 to 5.09 . . 5.5 (120.59%)
Short 5.36 to 5.12 . . 5.5 (158.33%)