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 4.39 to 5.77 5.5 (19.57%) . .
Intermediate 4.95 to 5.77 5.5 (32.93%) . .
Short 5.35 to 5.77 . . 5.5 (64.29%)