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 8.58 to 17.42 13.96 (39.14%) . .
Intermediate 10.79 to 17.42 . 13.96 (52.19%) .
Short 13.42 to 17.42 . . 13.96 (86.50%)