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 9.77 to 16 14.31 (27.13%) . .
Intermediate 13.45 to 16 . . 14.31 (66.27%)
Short 13.66 to 16 . . 14.31 (72.22%)