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 5.24 to 3.05 . 4.05 (45.66%) .
Intermediate 3.05 to 4 3.74 (27.37%) . .
Short 3.38 to 4 . 3.74 (41.94%) .