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 1.461 to 7.9245 . . 2.87 (78.20%)
Intermediate 7.9245 to 2.75 3.49 (14.30%) . .
Short 5.2274 to 2.75 3.49 (29.87%) . .