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 3.18 to 14 9.93 (37.62%) . .
Intermediate 5.3 to 14 . 9.93 (46.78%) .
Short 14 to 9.96 . 11.68 (42.57%) .