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 12.89 to 6.2 . 10.2 (59.79%) .
Intermediate 7.18 to 9.51 8.61 (38.63%) . .
Short 7.43 to 9.51 . 8.61 (43.27%) .