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 14.42 to 11.4 12 (19.87%) . .
Intermediate 12.855 to 11.4 . 12 (41.24%) .
Short 12.63 to 11.4 . 12 (48.78%) .