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 22.1 to 10.2 . . 18.8 (72.27%)
Intermediate 21.5 to 10.2 . . 18.8 (76.11%)
Short 10.2 to 20 . . 13.79 (63.37%)