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 9.96 to 2.65 3.66 (13.82%) . .
Intermediate 5.08 to 2.65 . 3.66 (41.56%) .
Short 2.65 to 3.7 . 3.2 (47.62%) .