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 15.07 to 10.37 . . 13.74 (71.70%)
Intermediate 10.37 to 14.08 12.63 (39.08%) . .
Short 14.08 to 12.5575 . 13.41 (55.99%) .