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 4.96 to 3.23 . . 5.04 (104.62%)
Intermediate 4.75 to 3.23 . . 5.04 (119.08%)
Short 3.23 to 5.13 4.78 (18.42%) . .