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 18.6 to 14.1 . 16.32 (49.33%) .
Intermediate 18.22 to 14.1 . 16.32 (53.88%) .
Short 16.56 to 14.1 . . 16.32 (90.24%)