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 2.49 to 6.98 5.28 (37.86%) . .
Intermediate 3.9 to 6.98 . 5.28 (55.19%) .
Short 6.75 to 5.19 . . 6.91 (110.26%)