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 5.9314 to 5.6655 . . 5.8332 (63.07%)
Intermediate 5.6655 to 5.8332 . 5.7553 (46.45%) .
Short 5.7425 to 5.8332 . . 5.7553 (85.89%)