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 15.25 to 17.69 . . 15.58 (86.48%)
Intermediate 17.69 to 15.58 . . 18.31 (129.38%)
Short 15.58 to 18.31 18.14 (6.23%) . .