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 18 to 9.4 . 13.44 (46.98%) .
Intermediate 9.4 to 13.45 . . 10.96 (61.48%)
Short 13.45 to 10.96 . . 12.68 (69.08%)