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 3.94 to 4.93 . 4.5 (43.43%) .
Intermediate 4.47 to 4.93 . . 4.5 (93.48%)
Short 4.93 to 4.5 . . 10 (1279.07%)