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 8.59 to 14.22 12.72 (26.64%) . .
Intermediate 10.81 to 14.22 . 12.72 (43.99%) .
Short 14.22 to 12.52 12.95 (25.29%) . .