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 12.18 to 20.81 . . 13.62 (83.31%)
Intermediate 20.81 to 13.62 16.44 (39.22%) . .
Short 20.06 to 13.62 . 16.44 (43.79%) .