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 16.31 to 6.94 . . 13.01 (64.78%)
Intermediate 7.39 to 9.71 . . 8.17 (66.38%)
Short 9.61 to 9.04 . . 13.01 (696.49%)