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 9.75 to 5.8 . . 8.2 (60.76%)
Intermediate 7.9 to 5.8 . . 8.2 (114.29%)
Short 6.22 to 7.33 . . 6.64 (62.16%)