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 5.31 to 3.51 . 4.48 (53.89%) .
Intermediate 4.54 to 3.86 . 4.179 (46.91%) .
Short 4.54 to 3.86 . 4.179 (46.91%) .