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 5.05 to 9.47 . 7.55 (43.44%) .
Intermediate 5.9901 to 9.47 . 7.55 (55.17%) .
Short 9.47 to 7.38 . 8.4666 (51.99%) .