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 8.73 to 17.32 . 12.19 (59.72%) .
Intermediate 9.7 to 17.32 . . 12.19 (67.32%)
Short 10.24 to 17.32 . . 12.19 (72.46%)