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 15.55 to 9.43 . 12.5 (50.16%) .
Intermediate 15.28 to 9.43 . 12.5 (52.48%) .
Short 9.43 to 12.01 11.77 (9.30%) . .