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 9.19 to 4.73 5.69 (21.52%) . .
Intermediate 6.76 to 4.73 . 5.69 (47.29%) .
Short 6.3 to 4.73 . . 5.69 (61.15%)