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 6.36 to 4.89 . . 6.14 (85.03%)
Intermediate 4.89 to 6.17 . . 4.91 (98.44%)
Short 6.17 to 4.91 5.32 (32.54%) . .