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 2.898 to 6.12 . 4.43 (52.45%) .
Intermediate 5.99 to 4.3 . . 18.2486 (825.36%)
Short 5.7 to 4.7 . . 18.2486 (1354.86%)