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 11.1 to 14.42 . 12.64 (53.61%) .
Intermediate 13.36 to 14.42 . . 12.64 (167.92%)
Short 14.42 to 12.64 12.81 (9.55%) . .