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 17.2 to 4.8747 6.66 (14.48%) . .
Intermediate 9.54 to 4.8747 6.66 (38.27%) . .
Short 6.9538 to 4.8747 . . 6.66 (85.87%)