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 20.91 to 10.73 . 16.09 (52.65%) .
Intermediate 12.03 to 16.11 . 13.98 (52.21%) .
Short 16.11 to . . 14.4 (89.39%)