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 3.7 to 6.89 . . 4.09 (87.77%)
Intermediate 6.89 to 4.09 4.88 (28.21%) . .
Short 6.21 to 4.09 4.88 (37.26%) . .