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 9.08 to 3.6 5.68 (37.96%) . .
Intermediate 8.5 to 3.6 . 5.68 (42.45%) .
Short 3.6 to 4.66 4.39 (25.47%) . .