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 to 5.32 3.87 (27.26%) . .
Intermediate 5.32 to 3.87 . . 5.1 (84.83%)
Short 4.25 to 5.1 . . 4.5805 (61.12%)