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 3.67 to 5.85 . 4.66 (54.59%) .
Intermediate 5.85 to 4.66 . . 5.74 (90.76%)
Short 5.12 to 5.74 . . 5.09 (104.84%)