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 to 6.55 . . 0.0201 (99.69%)
Intermediate 4.63 to 0.0201 . . 9.5 (205.64%)
Short 2.9 to 0.63 . . 9.5 (390.75%)