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 6.465 to 3.06 . . 5.45 (70.19%)
Intermediate 5.06 to 3.06 . . 5.45 (119.50%)
Short 3.06 to 5.5339 5.07 (18.75%) . .