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 4.24 to 2.6 . . 3.8 (73.17%)
Intermediate 2.6 to 3.83 3.53 (24.39%) . .
Short 3.23 to 3.83 . 3.53 (50.00%) .