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 14.62 to 10.749 . . 13.7604 (77.79%)
Intermediate 10.749 to 13.7604 . . 11.4725 (75.97%)
Short 13.7604 to 11.4725 11.71 (10.38%) . .