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 16.46 to 9.43 . 13.1 (52.20%) .
Intermediate 9.43 to 13.19 12.24 (25.27%) . .
Short 11.22 to 13.19 . 12.24 (48.22%) .