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 15.6 to 10 11.58 (28.21%) . .
Intermediate 13.94 to 10 . 11.58 (40.10%) .
Short 12.04 to 10 . . 11.58 (77.45%)