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 15.45 to 7.7 10.43 (35.23%) . .
Intermediate 13.6 to 7.7 . 10.43 (46.27%) .
Short 11.14 to 7.7 . . 10.43 (79.36%)