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 15.2156 to 9.273 . . 14.5 (87.96%)
Intermediate 11.95 to 14.5 13.517 (38.55%) . .
Short 12.1 to 14.5 . 13.517 (40.96%) .