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 12.76 to 9.03 10.5 (39.41%) . .
Intermediate 12.1 to 9.03 . 10.5 (47.88%) .
Short 12.07 to 8.88 8.97 (2.82%) . .