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 20.8 to 10.56 12.56 (19.53%) . .
Intermediate 16.04 to 10.56 12.56 (36.50%) . .
Short 10.56 to 14.48 . . 10.21 (108.93%)