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 13.95 to 4.23 5.62 (14.30%) . .
Intermediate 6.23 to 4.23 . . 5.62 (69.50%)
Short 5 to 4.23 . . 5.62 (180.52%)