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 2.25 to 6.12 . 4.26 (48.06%) .
Intermediate 3.68 to 6.12 . . 4.26 (76.23%)
Short 6.12 to 4.22 4.54 (16.84%) . .