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 13.86 to 7.47 9.257 (27.97%) . .
Intermediate 9.57 to 7.47 . . 9.257 (85.10%)
Short 7.47 to 9.49 . 8.58 (45.05%) .