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 3.11 to 4.03 3.74 (31.52%) . .
Intermediate 3.3 to 4.03 3.74 (39.73%) . .
Short 4.03 to 3.71 . . 4 (90.62%)