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 3.75 to 5.53 . 4.781 (42.08%) .
Intermediate 5.53 to 4.72 . 5.18 (56.79%) .
Short 5.25 to 4.781 . . 5.1631 (81.47%)