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 5.48 to 4.09 . 4.78 (49.64%) .
Intermediate 5.15 to 4.09 . . 4.78 (65.09%)
Short 4.94 to 4.09 . . 4.78 (81.18%)