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 7.65 to 26.25 . . 9.43 (90.43%)
Intermediate 26.25 to 9.43 12.18 (16.35%) . .
Short 26.25 to 9.43 12.18 (16.35%) . .