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 25.59 to 7.15 . 14.692 (40.90%) .
Intermediate 17.8 to 7.15 . . 14.692 (70.82%)
Short 7.15 to 14.9 13.89 (13.03%) . .