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 8.74 to 25.01 . . 13.53 (70.56%)
Intermediate 25.01 to 13.34 17.48 (35.48%) . .
Short 18.31 to 13.34 . . 17.48 (83.30%)