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 to 72.565 . . 10.3 (85.81%)
Intermediate 10.3 to 18.08 . 13.5 (58.87%) .
Short 12.41 to 18.08 . . 13.5 (80.78%)