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 18.255 to 1.25 . 10 (51.46%) .
Intermediate 4.74 to 10 . 7.53 (46.96%) .
Short 9.58 to 8.59 . . 9.25 (66.67%)