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 6.76 to 3.67 . . 5.67 (64.72%)
Intermediate 4.06 to 5.7 5.26 (26.83%) . .
Short 5.23 to 5.7 . . 5.26 (93.62%)