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 5.73 to 3.53 . . 5.7 (98.64%)
Intermediate 4.74 to 3.53 . . 5.7 (179.34%)
Short 3.98 to 4.44 . . 4.04 (86.96%)