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 10.45 to 13.34 . . 10.04 (114.19%)
Intermediate 13.34 to 11.51 . . 15.47 (216.39%)
Short 11.73 to 15.47 . . 10.04 (145.19%)