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 11.07 to 5.81 7.46 (31.37%) . .
Intermediate 6.15 to 7.46 . . 6.49 (74.05%)
Short 7.1 to 6.49 . . 6.98 (80.33%)