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 5.33 to 5.78 . . 5.31 (104.44%)
Intermediate 5.75 to 5.49 . . 5.7 (80.77%)
Short 5.52 to 5.71 . . 5.31 (210.53%)