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 15.66 to 10.75 . 13.03 (46.44%) .
Intermediate 12.69 to 11.36 . . 13.03 (125.56%)
Short 11.36 to 13.03 . . 11.31 (102.99%)