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 2.92 to 5.7 . 4.36 (48.20%) .
Intermediate 3.44 to 5.7 . 4.36 (59.29%) .
Short 5.35 to 4.31 . . 5.94 (156.73%)