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 6.23 to 10.49 9.849 (15.05%) . .
Intermediate 6.23 to 10.49 9.849 (15.05%) . .
Short 9.825 to 11.61 11.2 (22.97%) . .