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 8.9 to 4.69 6.01 (31.35%) . .
Intermediate 7.84 to 4.69 . 6.01 (41.90%) .
Short 5.62 to 4.69 . . 6.01 (141.94%)