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 3.43 to 8.55 . . 5.42 (61.13%)
Intermediate 8.55 to 5.33 . . 9.24 (121.43%)
Short 7.94 to 5.33 . . 9.24 (149.81%)