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 38 to 10.26 17.72 (26.89%) . .
Intermediate 31.68 to 10.26 17.72 (34.83%) . .
Short 20.82 to 10.26 . . 17.72 (70.64%)