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 7.9801 to 13.6 11.56 (36.30%) . .
Intermediate 9.45 to 13.6 . 11.56 (49.16%) .
Short 10.19 to 13.6 . 11.56 (59.82%) .