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 15.15 to 13.63 . 14.24 (40.13%) .
Intermediate 14.43 to 13.63 . . 14.24 (76.25%)
Short 14.18 to 13.9 . . 14.07 (60.71%)