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 27.76 to 2.55 5.04 (9.88%) . .
Intermediate 11.45 to 2.55 5.04 (27.98%) . .
Short 5.18 to 2.55 . . 5.04 (94.68%)