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 6.57 to 5.33 5.79 (37.10%) . .
Intermediate 6.52 to 5.33 5.79 (38.66%) . .
Short 6.4635 to 5.33 . 5.79 (40.58%) .