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 2.65 to 4.08 . 3.4164 (46.41%) .
Intermediate 3.54 to 4.08 . . 3.4164 (122.89%)
Short 3.595 to 4.08 . . 3.4164 (136.82%)