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 5.32 to 4.01 . . 5.3166 (99.74%)
Intermediate 5.05 to 4.18 . . 5.3166 (130.64%)
Short 4.18 to 5.17 4.905 (26.77%) . .