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 12.82 to 9.5 10.65 (34.64%) . .
Intermediate 12.4 to 9.5 10.65 (39.66%) . .
Short 11.57 to 8.575 9.34 (25.54%) . .