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 27.69 to 7.54 14.28 (33.45%) . .
Intermediate 7.54 to 14.3 . . 8.44 (86.69%)
Short 14.11 to 8.44 . . 11.86 (60.32%)