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 3.45 to 8.8619 . 5.84 (55.84%) .
Intermediate 8.8619 to 5.84 . . 8.78 (97.29%)
Short 7.48 to 5.84 . . 8.78 (179.27%)