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 14.51 to 8.58 . . 13.3 (79.60%)
Intermediate 9.56 to 13.52 . 11.22 (58.08%) .
Short 13.52 to 11.43 11.76 (15.79%) . .