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 10.14 to 13.71 12.4 (36.69%) . .
Intermediate 10.95 to 13.71 . 12.4 (47.46%) .
Short 13.71 to 12.39 . 13.03 (48.48%) .