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 4.1 to 5.48 . 4.66 (59.42%) .
Intermediate 5.48 to 4.45 . . 5.27 (79.61%)
Short 5.36 to 4.45 . . 5.27 (90.11%)