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 1.98 to 8.06 6.62 (23.68%) . .
Intermediate 4.32 to 8.06 6.62 (38.50%) . .
Short 5.445 to 8.06 . 6.62 (55.07%) .