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 to 17.35 15.6 (10.09%) . .
Intermediate 12 to 17.35 15.6 (32.71%) . .
Short 13.1 to 17.35 . 15.6 (41.18%) .