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 25.68 to 4.48 8.75 (20.14%) . .
Intermediate 4.48 to 8.75 . . 5.87 (67.45%)
Short 8.45 to 5.87 . . 8.59 (105.43%)