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 4.7228 to 4.3207 4.4805 (39.74%) . .
Intermediate 4.3207 to 4.4825 . . 4.3544 (79.17%)
Short 4.4825 to 4.3544 4.4031 (38.02%) . .