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 2.04 to 14.8 . . 6.05 (68.57%)
Intermediate 13.58 to 7.18 8.16 (15.31%) . .
Short 8.79 to 6.52 7.105 (25.77%) . .