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 5.81 to 7.4 . . 6.07 (83.65%)
Intermediate 7.4 to 6.07 . . 6.92 (63.91%)
Short 6.15 to 6.94 6.65 (36.71%) . .