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 16.57 to 9.23 . . 23.87 (199.46%)
Intermediate 11.23 to 14.15 . 12.71 (49.32%) .
Short 14.1001 to 12.71 . . 23.87 (802.82%)