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 9.73 to 3.085 . . 7.2 (61.93%)
Intermediate 3.085 to 7.2 . . 3.26 (95.75%)
Short 3.085 to 7.2 . . 3.26 (95.75%)