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 0.0364 to 4.95 . 2.255 (54.85%) .
Intermediate 0.0364 to 4.95 . 2.255 (54.85%) .
Short 3.03 to 2.255 . . 2.91 (84.52%)