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 18.1 to 9.81 11.95 (25.81%) . .
Intermediate 15.83 to 9.81 11.95 (35.55%) . .
Short 13.19 to 9.81 . . 11.95 (63.31%)