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 to 5.68 . 3.15 (44.54%) .
Intermediate 5.68 to 3.15 . 4.66 (59.68%) .
Short 5.4105 to 3.15 . . 4.66 (66.80%)