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 5.32 to 6.72 . . 5.46 (90.00%)
Intermediate 6.72 to 5.43 . 6.01 (44.96%) .
Short 6.01 to 5.51 . . 5.89 (76.00%)