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 4.9 to 3.28 3.86 (35.80%) . .
Intermediate 4.62 to 3.28 . 3.86 (43.28%) .
Short 4.29 to 3.28 . 3.86 (57.43%) .