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 5.7999 to 3.63 . . 5.17 (70.97%)
Intermediate 3.63 to 5.09 4.61 (32.88%) . .
Short 4.46 to 5.17 . . 4.68 (69.01%)