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 2.31 to 6.12 . . 2.87 (85.30%)
Intermediate 6.12 to 2.82 3.81 (30.00%) . .
Short 3.94 to 2.82 . . 3.81 (88.39%)