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 9.38 to 33.99 . . 11.83 (90.04%)
Intermediate 10.51 to 33.99 . . 11.83 (94.38%)
Short 10.72 to 33.99 . . 11.83 (95.23%)