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 9.97 to 3.19 . . 7.75 (67.26%)
Intermediate 3.72 to 7.75 . 5.75 (49.63%) .
Short 7.75 to 5.92 . . 7.12 (65.57%)