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 10.15 to 3.64 5.33 (25.96%) . .
Intermediate 7.06 to 3.64 . 5.33 (49.42%) .
Short 3.64 to 5.36 . . 3.85 (87.79%)