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 14.53 to 10.3 . . 13.23 (69.27%)
Intermediate 10.42 to 13.23 . . 11.08 (76.51%)
Short 13.23 to 11.05 . 12.35 (59.63%) .