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 9.3 to 5.43 . 7.23 (46.51%) .
Intermediate 6.07 to 7.25 . . 6.53 (61.02%)
Short 7.25 to 6.53 . . 6.99 (63.89%)