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 12.71 to 8.91 . . 11.62 (71.32%)
Intermediate 8.91 to 11.67 10.64 (37.32%) . .
Short 8.91 to 11.67 10.64 (37.32%) . .