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 9.73 to 6.09 . . 11.69 (153.85%)
Intermediate 6.09 to 9.35 8.75 (18.40%) . .
Short 8.75 to 11.69 10.64 (35.71%) . .