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 38.15 to 12.15 . 24.63 (48.00%) .
Intermediate 28.94 to 12.15 . . 24.63 (74.33%)
Short 14.47 to 21.17 19.42 (26.12%) . .