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 4.71 to 3.54 3.62 (6.84%) . .
Intermediate 4.17 to 3.54 3.62 (12.70%) . .
Short 3.93 to 3.54 3.62 (20.51%) . .