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 4.6 to 3.2501 . 3.91 (48.89%) .
Intermediate 3.2501 to 3.91 . . 3.41 (75.77%)
Short 3.91 to 3.41 . 3.67 (52.00%) .