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 4.13 to 6.65 6.12 (21.03%) . .
Intermediate 5.41 to 6.65 . 6.12 (42.74%) .
Short 5.75 to 6.65 . 6.12 (58.89%) .