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 4.64 to 7.22 . 5.74 (57.36%) .
Intermediate 5.04 to 7.22 . . 5.74 (67.89%)
Short 7.22 to . . 5.98 (82.83%)