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 42.75 to 10.4 19.08 (26.83%) . .
Intermediate 19.08 to 11.3 13.68 (30.59%) . .
Short 17.3 to 11.3 13.68 (39.67%) . .