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 to 5.41 5.08 (6.10%) . .
Intermediate 4.74 to 5.41 . 5.08 (49.25%) .
Short 5.02 to 5.41 . . 5.08 (84.62%)