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 25.2 to 11.67 14.47 (20.69%) . .
Intermediate 23.61 to 11.67 14.47 (23.45%) . .
Short 17.63 to 11.67 . 14.47 (46.98%) .