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 15.15 to 7.7 . 11.85 (55.70%) .
Intermediate 8.35 to 11.85 10.49 (38.86%) . .
Short 10.49 to 11.46 . . 10.59 (89.69%)