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 4.14 to 2.57 . 3.35 (49.68%) .
Intermediate 3.73 to 2.57 . . 3.35 (67.24%)
Short 2.57 to 3.44 3.12 (36.78%) . .