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 6.72 to 12.94 . . 8.37 (73.47%)
Intermediate 8.37 to 10.91 . . 8.63 (89.76%)
Short 10.91 to 8.63 . 9.57 (41.23%) .