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 5.09 to 3.68 3.905 (15.96%) . .
Intermediate 4.55 to 3.68 3.905 (25.86%) . .
Short 4.36 to 3.68 3.905 (33.09%) . .