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 4.9 to 2.38 . . 4.47 (82.94%)
Intermediate 3.58 to 2.5533 . . 4.47 (186.69%)
Short 3.15 to 2.73 . . 4.47 (414.29%)