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 12.72 to 8.37 . . 11.14 (63.68%)
Intermediate 8.63 to 11.19 . . 9.18 (78.52%)
Short 11.19 to 9.18 9.64 (22.89%) . .