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 3.89 to 2.86 . 3.42 (54.37%) .
Intermediate 3.02 to 3.42 . . 3.08 (85.00%)
Short 3.42 to 3.09 . 3.26 (51.52%) .