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 15.22 to 18.12 . . 16.02 (72.41%)
Intermediate 17.97 to 16.02 . 17.07 (53.85%) .
Short 16.08 to 17.07 16.91 (16.16%) . .