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 10.43 to 5.19 . 8.24 (58.21%) .
Intermediate 6.02 to 8.28 . 7.28 (44.25%) .
Short 6.31 to 8.28 . 7.28 (50.76%) .