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 5.15 to 4.3201 . . 5.09 (92.77%)
Intermediate 5.09 to 4.38 4.5 (16.90%) . .
Short 4.65 to 4.35 4.4484 (32.80%) . .