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 12.38 to 6.24 . . 10.12 (63.19%)
Intermediate 7.21 to 10.12 . . 7.61 (86.25%)
Short 9.91 to 7.66 8.09 (19.11%) . .