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 12.79 to 5.6 . . 12.03 (89.43%)
Intermediate 11.18 to 5.6 . . 12.03 (115.23%)
Short 5.6 to 9.15 9.03 (3.38%) . .