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 271961.8 to 3.65 5.36 (0.00%) . .
Intermediate 5.15 to 4.06 . . 4.93 (79.82%)
Short 4.49 to 4.93 4.8 (29.55%) . .