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 4.875 to 7.8 . . 5.47 (79.66%)
Intermediate 7.8 to 5.47 . 6.58 (47.64%) .
Short 6.61 to 5.47 . . 6.58 (97.37%)