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 8.79 to 19.5 . . 13.01 (60.60%)
Intermediate 12.2 to 19.5 . . 13.01 (88.90%)
Short 19.5 to 14.06 15.9 (33.82%) . .