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 to 10.61 12.85 (30.31%) . .
Intermediate 14.08 to 10.61 . . 12.85 (64.55%)
Short 11.15 to 12.85 . . 11.62 (72.35%)