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 12.37 to 14.86 . . 13.1 (70.68%)
Intermediate 14.86 to 13.1 . . 15.68 (146.59%)
Short 13.79 to 14.85 . 14.365 (45.75%) .