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 5.59 to 4.98 5.22 (39.34%) . .
Intermediate 5.35 to 5.03 . 5.19 (50.00%) .
Short 5.05 to 5.19 5.15 (28.57%) . .