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 10.15 to 5.57 . . 8.5 (63.97%)
Intermediate 5.57 to 9.32 . . 7.06 (60.27%)
Short 6.55 to 9.32 . . 7.06 (81.59%)