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 13.25 to 7.71 . 9.93 (40.07%) .
Intermediate 8.11 to 10 . 9.13 (46.03%) .
Short 8.35 to 10 . 9.13 (52.73%) .