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 15.42 to 6.25 . . 14.53 (90.29%)
Intermediate 7.33 to 15.37 . 11.41 (49.25%) .
Short 8.51 to 15.37 . 11.41 (57.73%) .