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 16.12 to 12 . . 14.78 (67.48%)
Intermediate 12.82 to 14.78 . . 13.52 (64.29%)
Short 14.78 to 13.5 . 14.25 (58.59%) .