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 22.12 to 12.31 13.53 (12.44%) . .
Intermediate 17.82 to 12.31 13.53 (22.14%) . .
Short 17.36 to 12.31 13.53 (24.16%) . .