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 9.27 to 4.71 . . 7.72 (66.01%)
Intermediate 9.27 to 4.71 . . 7.72 (66.01%)
Short 4.71 to 6.25 6.05 (12.99%) . .