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 46.25 to 3.98 6.035 (4.86%) . .
Intermediate 25.54 to 3.98 6.035 (9.53%) . .
Short 9.66 to 3.98 6.035 (36.18%) . .