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 15.4 to 10.26 11.17 (17.70%) . .
Intermediate 15.4 to 10.26 11.17 (17.70%) . .
Short 11.33 to 5.68 6 (5.66%) . .