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 5.41 to 2.6592 . . 5.24 (93.82%)
Intermediate 2.6592 to 5.07 5.01 (2.49%) . .
Short 3 to 5.07 5.01 (2.90%) . .