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 18.37 to 8.14 10.97 (27.66%) . .
Intermediate 10.97 to 8.83 9.15 (14.95%) . .
Short 10.43 to 8.83 9.15 (20.00%) . .