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 2.593 to 6.4 . . 2.673 (97.90%)
Intermediate 4.81 to 2.62 . . 4.39 (80.82%)
Short 3.3938 to 2.62 . . 4.39 (228.74%)