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 12.82 to 8.79 . 11.024 (55.43%) .
Intermediate 8.79 to 11.024 . . 8.69 (104.48%)
Short 11.024 to 9.78 . . 10.55 (61.90%)