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 5.2184 to 4.7745 . 4.9739 (44.92%) .
Intermediate 4.7745 to 4.978 . . 4.8286 (73.42%)
Short 4.978 to 4.8286 4.8659 (24.97%) . .