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 12.78 to 18 . . 14.18 (73.18%)
Intermediate 18 to 13.89 . . 16.53 (64.23%)
Short 17.31 to 13.89 . . 16.53 (77.19%)