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 6.0706 to 5.704 5.7374 (9.11%) . .
Intermediate 5.9507 to 5.704 5.7374 (13.54%) . .
Short 5.8232 to 5.704 5.7374 (28.02%) . .