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 3.66 to 5.68 . 4.81 (43.07%) .
Intermediate 4.72 to 5.68 . . 4.81 (90.63%)
Short 4.75 to 6.25 6.2 (3.33%) . .