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 to 15.5 10.08 (34.97%) . .
Intermediate 10.25 to 15.5 . . 10.08 (103.24%)
Short 13.2 to 10.25 . . 12.15 (64.41%)