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 1.39 to 72.47 . . 10.53 (87.14%)
Intermediate 41.76 to 10.02 17.58 (23.82%) . .
Short 21.45 to 10.02 . . 17.58 (66.14%)