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 12.4 to 10.46 . . 12.22 (90.72%)
Intermediate 12.22 to 11.7 . . 12.135 (83.65%)
Short 12.16 to 11.8 . . 12.135 (93.06%)