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 9.56 to 5.76 . . 8.3 (66.84%)
Intermediate 8.51 to 5.76 . . 8.3 (92.36%)
Short 6.48 to 8.3 . . 6.38 (105.49%)