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 25.68 to 12.1 . 17.85 (42.34%) .
Intermediate 18.8 to 12.1 . . 17.85 (85.82%)
Short 17.96 to 14.43 . . 16.68 (63.74%)