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 18.21 to 10.25 10.64 (4.90%) . .
Intermediate 14.79 to 10.25 10.64 (8.59%) . .
Short 12.66 to 10.25 10.64 (16.18%) . .