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 18.56 to 8.56 . . 14.79 (62.30%)
Intermediate 10.81 to 14.41 12.99 (39.44%) . .
Short 11.91 to 14.41 . 12.99 (56.80%) .