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 6.27 to 3.05 3.6971 (20.10%) . .
Intermediate 4.24 to 3.05 . 3.6971 (54.38%) .
Short 3.8129 to 3.05 . . 3.6971 (84.82%)