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 4.68 to 8.78 . . 5.92 (69.76%)
Intermediate 8.78 to 5.92 . . 8 (72.73%)
Short 6.21 to 8 . 7.2768 (40.40%) .