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 10.63 to 14.2 . 12.34 (52.10%) .
Intermediate 11.83 to 14.2 . . 12.34 (78.48%)
Short 12.1 to 14.23 13.7 (24.88%) . .