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 11.01 to 6.23 . . 9.5 (68.41%)
Intermediate 9.56 to 6.23 . . 9.5 (98.20%)
Short 7.74 to 9.68 . . 8.42 (64.95%)