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 3.845 to 7.09 . . 2.54 (140.22%)
Intermediate 7.09 to 3.95 4.39 (14.01%) . .
Short 3.82 to 2.48 2.79 (23.13%) . .