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 4.42 to 8.6 . . 5.65 (70.57%)
Intermediate 8.55 to 5.68 6.71 (35.89%) . .
Short 7.41 to 5.64 . 6.7 (59.89%) .