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 11.5 to 3.8 4.49 (8.96%) . .
Intermediate 5.48 to 3.8 . 4.49 (41.07%) .
Short 3.8 to 4.75 . . 4.16 (62.11%)