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 13.3 to 7.89 . . 12.51 (85.40%)
Intermediate 7.89 to 11.29 10.54 (22.06%) . .
Short 9.75 to 11.29 . 10.54 (48.70%) .