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 7.6303 to 3.9 5.12 (32.71%) . .
Intermediate 3.9 to 5.12 . 4.5 (50.82%) .
Short 5.12 to 4.5 . . 5.0264 (84.90%)