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 2.36 to 5.39 5.03 (11.88%) . .
Intermediate 3.34 to 5.39 5.03 (17.56%) . .
Short 5.39 to 5.03 5.17 (38.89%) . .