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 32 to 4.98 8.78 (14.06%) . .
Intermediate 15 to 4.98 8.78 (37.92%) . .
Short 8.78 to 4.91 6.15 (32.04%) . .