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 18.15 to 8.74 . 13.27 (48.14%) .
Intermediate 16.83 to 8.74 . 13.27 (56.00%) .
Short 8.74 to 14.13 12.51 (30.06%) . .