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 20.83 to 8.56 12.91 (35.45%) . .
Intermediate 18.56 to 8.56 . 12.91 (43.50%) .
Short 8.56 to 12.91 . 10.95 (45.06%) .