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 6.7 to 3.59 . 5.28 (54.34%) .
Intermediate 6.55 to 3.59 . 5.28 (57.09%) .
Short 3.59 to 5.22 5 (13.50%) . .