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 4.11 to 5.42 . 4.65 (58.78%) .
Intermediate 5.42 to 4.58 . . 5.31 (86.90%)
Short 5.4 to 4.58 . . 5.31 (89.02%)