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 3.23 to 4.28 . . 3.46 (78.10%)
Intermediate 4.28 to 3.36 . 3.87 (55.43%) .
Short 4.06 to 3.36 . . 3.87 (72.86%)