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 17.01 to 9.13 12.08 (37.44%) . .
Intermediate 15.2 to 9.13 . 12.08 (48.60%) .
Short 12.33 to 9.13 . . 12.08 (92.19%)