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 3.25 to 5 4.6 (22.86%) . .
Intermediate 3.7 to 5 4.6 (30.77%) . .
Short 4.51 to 5.65 5.41 (21.05%) . .