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 26.3 to 11.52 16.04 (30.58%) . .
Intermediate 11.98 to 16.04 . . 12.63 (83.99%)
Short 15.08 to 12.6 13.58 (39.52%) . .