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 4.28 to 2.625 . . 4.24 (97.58%)
Intermediate 2.625 to 4.24 3.69 (34.06%) . .
Short 2.85 to 4.24 3.69 (39.57%) . .