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 7.22 to 14.33 . 11.41 (41.07%) .
Intermediate 14.33 to 11.41 . 13.14 (59.25%) .
Short 11.41 to 13.14 . . 11.45 (97.69%)