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 12.72 to 7.99 9.8 (38.27%) . .
Intermediate 10.03 to 7.99 . . 9.8 (88.73%)
Short 7.99 to 9.8 . . 8.53 (70.17%)