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 5.08 to 8.88 . 6.96 (50.53%) .
Intermediate 7.08 to 8.88 . . 6.96 (106.67%)
Short 8.88 to . . 6.9 (77.70%)