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 13.08 to 5.39 8.1 (35.24%) . .
Intermediate 8.1 to 5.94 . 7.23 (59.72%) .
Short 5.94 to 7.32 . 6.5 (59.42%) .