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 17.27 to 8.66 10.71 (23.81%) . .
Intermediate 13.32 to 8.66 . 10.71 (43.99%) .
Short 8.66 to 10.18 . 9.35 (54.61%) .