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 7.82 to 5.7 6.27 (26.89%) . .
Intermediate 6.67 to 5.7 . 6.27 (58.76%) .
Short 6.5 to 5.26 . 5.76 (40.32%) .