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 5.82 to 9.9 . . 7.2 (66.18%)
Intermediate 9.9 to 7.1 . . 13.12 (215.00%)
Short 7.1 to 13.12 10.97 (35.71%) . .