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 19.31 to 4.75 8.35 (24.73%) . .
Intermediate 9.48 to 4.75 . . 8.35 (76.11%)
Short 4.75 to 8.57 . . 6.13 (63.87%)