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 13.71 to 7.46 7.92 (7.36%) . .
Intermediate 10.85 to 7.46 7.92 (13.57%) . .
Short 9.51 to 6.2 6.8 (18.13%) . .