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 5.44 to 9.69 . . 6.635 (71.88%)
Intermediate 9.69 to 6.635 . . 9.43 (91.49%)
Short 8.86 to 6.635 . . 9.43 (125.62%)