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 0.1 to 10.5 . 6.11 (42.21%) .
Intermediate 3.09 to 10.5 . 6.11 (59.24%) .
Short 5.2553 to 10.5 . . 6.11 (83.70%)