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 17.43 to 11.34 . 14.32 (48.93%) .
Intermediate 14.84 to 11.34 . . 14.32 (85.14%)
Short 12.97 to 11.34 . . 14.32 (182.82%)