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 4.47 to 3.31 . . 4.3 (85.34%)
Intermediate 3.85 to 4.25 . . 3.94 (77.50%)
Short 4.155 to 3.92 . . 4.16 (102.13%)