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 8.49 to 5.39 5.97 (18.71%) . .
Intermediate 6.57 to 5.39 . 5.97 (49.15%) .
Short 6.53 to 5.39 . 5.97 (50.88%) .