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 7.85 to 14.24 13.23 (15.81%) . .
Intermediate 8.94 to 14.24 13.23 (19.06%) . .
Short 14.24 to 13.23 . . 13.99 (75.25%)