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 9.25 to 16.87 . . 12.22 (61.02%)
Intermediate 14.19 to 12.18 . 13.22 (51.74%) .
Short 13.72 to 12.18 . . 13.22 (67.53%)