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 0.65 to 10.8 8.53 (22.36%) . .
Intermediate 0.781 to 10.8 8.53 (22.66%) . .
Short 8.53 to 13.92 12.61 (24.30%) . .