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 10.42 to 15.7 . 13.09 (49.43%) .
Intermediate 15.7 to 13.09 . . 15.52 (93.10%)
Short 15.56 to 14.73 . . 15.52 (95.18%)