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 2.925 to 7.75 . 5.27 (51.40%) .
Intermediate 5.26 to 7.75 . . 5.27 (99.60%)
Short 7.75 to 5.27 . 6.3 (41.53%) .