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 8.2 to 12.22 10.93 (32.09%) . .
Intermediate 9.64 to 12.22 . 10.93 (50.00%) .
Short 12.22 to 10.42 . 11.285 (48.06%) .