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 17.97 to 9.39 10.58 (13.87%) . .
Intermediate 15.18 to 9.39 10.58 (20.55%) . .
Short 11.12 to 9.39 . . 10.58 (68.79%)