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 6.68 to 3.34 3.51 (5.09%) . .
Intermediate 4.41 to 3.34 3.51 (15.89%) . .
Short 4.13 to 3.34 3.51 (21.52%) . .