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 18.59 to 9.88 . . 17.21 (84.16%)
Intermediate 14.01 to 9.88 . . 17.21 (177.48%)
Short 9.88 to 13.2 12.59 (18.37%) . .