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 9.27 to 4.84 . 6.81 (44.47%) .
Intermediate 5.38 to 6.96 . 6.02 (59.49%) .
Short 5.81 to 6.96 . . 6.02 (81.74%)