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 15.36 to 6.22 . 10.09 (42.34%) .
Intermediate 6.22 to 10.09 . . 6.47 (93.54%)
Short 9.16 to 6.47 . . 8.18 (63.57%)