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 4.11 to 11.7 . . 5.77 (78.13%)
Intermediate 11.07 to 7.25 8.46 (31.68%) . .
Short 9.54 to 5.77 6.02 (6.63%) . .