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 6.33 to 5.58 . . 6.16 (77.33%)
Intermediate 6.23 to 5.58 . . 6.16 (89.23%)
Short 6.15 to 5.58 . . 6.16 (101.75%)