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 5.62 to 14.84 . 10.03 (52.17%) .
Intermediate 7.07 to 14.84 . . 10.03 (61.90%)
Short 14.84 to 10.03 11.59 (32.43%) . .