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 12.87 to 7.34 . . 12.59 (94.94%)
Intermediate 12.68 to 8.22 . . 10.95 (61.21%)
Short 8.36 to 10.95 . 9.4 (59.85%) .