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 to 4.06 3.37 (17.00%) . .
Intermediate 2.88 to 4.06 . 3.37 (58.47%) .
Short 3.1208 to 4.06 . . 3.37 (73.47%)