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 10.4038 to 12.3 . 11.4798 (43.25%) .
Intermediate 12.3 to 11.35 . . 11.9997 (68.39%)
Short 12.1289 to 11.35 . . 11.9997 (83.41%)