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 3.49 to 9.38 . . 4.71 (79.29%)
Intermediate 8.91 to 4.6 6.2 (37.12%) . .
Short 6.21 to 4.6 . . 6.2 (99.38%)