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 17.77 to 12.87 . 15.78 (59.39%) .
Intermediate 12.87 to 15.78 . 14.11 (57.39%) .
Short 15.78 to 14.06 . . 15.59 (88.95%)