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 0.173 to 17.52 12.1 (31.24%) . .
Intermediate 5.21 to 17.52 . 12.1 (44.03%) .
Short 17.52 to 12.01 . . 19.48 (135.57%)