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 7.81 to 16.9 . . 10.38 (71.73%)
Intermediate 16.9 to 10.11 . . 15.62 (81.15%)
Short 13.68 to 10.11 . . 15.62 (154.34%)