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 2.8 to 5.63 . . 3.64 (70.32%)
Intermediate 5.6 to 3.64 . 4.48 (42.86%) .
Short 4.11 to 3.71 . . 4.02 (77.50%)