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 6.34 to 5.22 . . 6.64 (126.79%)
Intermediate 5.62 to 5.22 . . 6.64 (355.00%)
Short 5.22 to 6.39 6.1 (24.79%) . .