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 4.73 to 6.45 . . 5.35 (63.95%)
Intermediate 6.45 to 5.35 . . 6.91 (141.82%)
Short 5.35 to 6.74 6.64 (7.19%) . .