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 10.54 to 4.41 6.12 (27.90%) . .
Intermediate 4.74 to 6.19 . . 5.07 (77.24%)
Short 4.74 to 6.19 . . 5.07 (77.24%)