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 6.99 to 3.622 4.83 (35.87%) . .
Intermediate 4.35 to 4.81 . 4.6 (45.65%) .
Short 4.5 to 4.83 . 4.6485 (55.00%) .