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 15.07 to 7.51 9.74 (29.50%) . .
Intermediate 12.85 to 7.51 . 9.74 (41.76%) .
Short 10.49 to 7.51 . . 9.74 (74.83%)