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 127 to 7.37 30.51 (19.34%) . .
Intermediate 7.37 to 31.275 . . 14.96 (68.25%)
Short 25.77 to 14.55 . 20 (48.57%) .