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 4.15 to 7.24 . . 4.18 (99.03%)
Intermediate 7.13 to 4.18 . . 6.9 (92.20%)
Short 5.9 to 6.9 . . 6.0425 (85.75%)