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 5.18 to 8.4 8.1 (9.32%) . .
Intermediate 5.6 to 8.4 8.1 (10.71%) . .
Short 6.51 to 8.4 8.1 (15.87%) . .