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 8.3 to 4.12 . . 9.07 (118.42%)
Intermediate 4.12 to 8 7.45 (14.18%) . .
Short 7.45 to 8.5 . 8.05 (42.86%) .