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 8.04 to 4.05 5.19 (28.57%) . .
Intermediate 7.83 to 4.05 5.19 (30.16%) . .
Short 7.18 to 3.55 3.81 (7.16%) . .