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 5.01 to 3.43 . . 4.75 (83.54%)
Intermediate 3.43 to 4.75 . . 3.556 (90.45%)
Short 4.75 to 4.1758 . . 4.68 (87.81%)