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 4.33 to 7.83 6.91 (26.29%) . .
Intermediate 6.06 to 7.83 . 6.91 (51.98%) .
Short 7.83 to 6.84 . 7.33 (49.49%) .