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 4.44 to 5.06 4.9 (25.81%) . .
Intermediate 4.55 to 5.06 4.9 (31.37%) . .
Short 4.68 to 5.06 . 4.9 (42.11%) .