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 7.1 to 3.97 4.88 (29.07%) . .
Intermediate 6.33 to 3.97 4.88 (38.56%) . .
Short 4.94 to 3.97 . . 4.88 (93.81%)