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 19.76 to 12.71 . 16.2 (49.50%) .
Intermediate 15.48 to 12.71 . . 16.2 (125.99%)
Short 14.78 to 12.71 . . 16.2 (168.60%)