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 3.75 to 5.27 . . 4 (83.55%)
Intermediate 5 to 4 . . 4.86 (86.00%)
Short 4.25 to 4.87 . . 4.35 (83.87%)