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 15.86 to 9.84 . . 14.13 (71.26%)
Intermediate 9.84 to 14.25 . 12.15 (47.62%) .
Short 12.4 to 14.12 . 13.35 (44.77%) .