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 18.78 to 14.56 . 16.27 (40.52%) .
Intermediate 17.11 to 14.56 . . 16.27 (67.06%)
Short 17.11 to 14.56 . . 16.27 (67.06%)