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 19.71 to 8.51 . 13.89 (48.04%) .
Intermediate 16 to 8.51 . . 13.89 (71.83%)
Short 8.51 to 14.2 . . 6.34 (138.14%)