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 4.7307 to 4.9868 . 4.8745 (43.85%) .
Intermediate 4.9868 to 4.8745 4.8929 (16.38%) . .
Short 4.9868 to 4.8745 4.8929 (16.38%) . .