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 10.46 to 2.81 . 7.06 (55.56%) .
Intermediate 4.93 to 7.06 . . 4.85 (103.76%)
Short 4.93 to 7.06 . . 4.85 (103.76%)