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 to 11.45 . . 0.26 (97.73%)
Intermediate 6.15 to 0.26 0.7999 (9.17%) . .
Short 4.75 to 0.26 0.7999 (12.02%) . .