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 10.99 to 22.69 . . 13.58 (77.86%)
Intermediate 22.39 to 13.58 16.57 (33.94%) . .
Short 19.3 to 13.58 . 16.57 (52.27%) .