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 7.08 to 15.7 . . 9.245 (74.88%)
Intermediate 9.67 to 15.7 . . 9.245 (107.05%)
Short 15.7 to 9.39 9.7 (4.91%) . .