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 13.18 to 6.56 8.88 (35.05%) . .
Intermediate 12.18 to 6.56 . 8.88 (41.28%) .
Short 9.33 to 6.56 . . 8.88 (83.75%)