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 12.72 to 5.75 7.5 (25.11%) . .
Intermediate 7.44 to 5.75 . . 7.5 (103.55%)
Short 6.68 to 6.25 . . 7.5 (290.70%)