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 17.95 to 12.1 . 14.89 (47.69%) .
Intermediate 16.55 to 12.1 . . 14.89 (62.70%)
Short 14.76 to 12.1 . . 14.89 (104.89%)