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 9.92 to 4.5 . 7.62 (57.56%) .
Intermediate 5.01 to 7 6.33 (33.67%) . .
Short 6.17 to 7.58 7.24 (24.11%) . .