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 5.57 to 4.03 . . 8.2 (270.78%)
Intermediate 4.03 to 5.55 5.19 (23.68%) . .
Short 5.05 to 5.55 . . 5.19 (72.00%)