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 8.31 to 15.45 . 12.34 (43.56%) .
Intermediate 11.62 to 15.45 . . 12.34 (81.20%)
Short 15.45 to 12.8 13.49 (26.04%) . .