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 37 to 14.04 22.8 (38.15%) . .
Intermediate 32.41 to 14.04 . 22.8 (47.69%) .
Short 14.04 to 21.1 20.58 (7.37%) . .