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 1.44 to 11.18 . 6.22 (50.92%) .
Intermediate 4.47 to 11.18 . . 6.22 (73.92%)
Short 7.955 to 5.88 . . 11.09 (251.08%)