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 12.15 to 19.11 . . 13.05 (87.07%)
Intermediate 19.11 to 12.85 . . 18.78 (94.73%)
Short 12.85 to 14.47 . 13.65 (50.62%) .