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 3.9 to 5.17 . . 4.05 (88.19%)
Intermediate 5.17 to 4.05 . . 4.88 (74.11%)
Short 4.88 to 4.05 . . 4.88 (100.00%)