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 22.77 to 12.82 . 18.07 (52.76%) .
Intermediate 17.51 to 12.82 . . 18.07 (111.94%)
Short 15.37 to 12.82 . . 18.07 (205.88%)