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 8.89 to 5.4 6.5 (31.52%) . .
Intermediate 7.6 to 5.4 . 6.5 (50.00%) .
Short 6.9 to 5.4 . . 6.5 (73.33%)