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 9.85 to 2.01 2.36 (4.46%) . .
Intermediate 6.5 to 2.01 2.36 (7.80%) . .
Short 5.49 to 2.01 2.36 (10.06%) . .