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 14.55 to 7.82 9.27 (21.55%) . .
Intermediate 11.39 to 7.82 . 9.27 (40.62%) .
Short 9.57 to 7.82 . . 9.27 (82.86%)