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 13.37 to 9.26 . 11.55 (55.72%) .
Intermediate 12.2799 to 9.26 . . 11.55 (75.83%)
Short 10 to 12 . 11.11 (44.50%) .