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 14.89 to 24.51 . . 17.6 (71.83%)
Intermediate 24.51 to 17.54 18.4 (12.34%) . .
Short 21.93 to 17.54 18.4 (19.59%) . .