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 4.92 to 6.65 . . 5 (95.38%)
Intermediate 6.65 to 4.98 . . 6.54 (93.41%)
Short 4.98 to 6.6 6.5 (6.17%) . .