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 9.8 to 4.91 5.82 (18.61%) . .
Intermediate 7.42 to 4.91 5.82 (36.25%) . .
Short 6.84 to 4.91 . 5.82 (47.15%) .