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 4.08 to 2.86 . . 3.74 (72.13%)
Intermediate 3.04 to 3.79 . . 3.14 (86.67%)
Short 3.79 to 3.14 . . 3.53 (60.00%)