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 10.17 to 5.5 . 8.13 (56.32%) .
Intermediate 6.59 to 8.13 . . 6.06 (134.42%)
Short 8.13 to 6.06 6.28 (10.63%) . .