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 12.53 to 7.99 . 9.88 (41.63%) .
Intermediate 11.67 to 7.99 . 9.88 (51.36%) .
Short 10.03 to 7.99 . . 9.88 (92.65%)