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 10.86 to 4.89 . 7.6 (45.39%) .
Intermediate 6.23 to 7.6 . 6.83 (56.20%) .
Short 7.6 to 6.69 . 7.21 (57.14%) .