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 5.75 to 12.28 . 8.49 (58.04%) .
Intermediate 8.11 to 12.28 . . 8.49 (90.89%)
Short 12.28 to 8.49 8.98 (12.93%) . .