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 5.28 to 7.62 . 6.25 (58.55%) .
Intermediate 6.01 to 7.62 . . 6.25 (85.09%)
Short 6.6 to 7.62 . . 6.25 (134.31%)