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 31.51 to 15.5 18.2 (16.86%) . .
Intermediate 23.09 to 15.5 18.2 (35.57%) . .
Short 19.73 to 15.5 . . 18.2 (63.83%)