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 11.73 to 4.4 5.26 (11.73%) . .
Intermediate 9.83 to 4.4 5.26 (15.84%) . .
Short 6.47 to 4.4 . 5.26 (41.55%) .