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 4.45 to 2.82 . . 3.89 (65.64%)
Intermediate 2.82 to 3.92 3.56 (32.73%) . .
Short 3.61 to 3.87 . . 3.56 (119.23%)