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 13.36 to 4.84 7.7 (33.57%) . .
Intermediate 9.71 to 4.84 . 7.7 (58.73%) .
Short 4.84 to 7.84 . 6.08 (58.67%) .