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 12.71 to 6.15 6.37 (3.35%) . .
Intermediate 10.71 to 6.15 6.37 (4.82%) . .
Short 7.9 to 5.87 5.97 (4.93%) . .