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 9.46 to 21.44 19.25 (18.28%) . .
Intermediate 10.77 to 21.44 19.25 (20.52%) . .
Short 21.44 to 19.16 . 20.25 (47.81%) .