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 7.59 to 3.14 4.48 (30.11%) . .
Intermediate 5.21 to 3.14 . . 4.48 (64.73%)
Short 3.15 to 4.34 4.24 (8.40%) . .