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 9.92 to 16.03 . 12.5 (57.77%) .
Intermediate 16.03 to 12.35 . 14.36 (54.62%) .
Short 15.96 to 12.35 . 14.36 (55.68%) .