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 2.96 to 3.22 3.15 (26.92%) . .
Intermediate 2.99 to 3.22 3.15 (30.43%) . .
Short 3.06 to 3.22 . 3.15 (43.75%) .