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 7.82 to 4.84 . 6.22 (46.31%) .
Intermediate 6.9 to 4.84 . . 6.22 (66.99%)
Short 6.31 to 4.81 5.23 (28.00%) . .