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 11.57 to 23.23 21.16 (17.75%) . .
Intermediate 12.93 to 23.23 21.16 (20.10%) . .
Short 14.95 to 24.38 21.16 (34.15%) . .