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 14.5 to 18.05 . . 15.43 (73.80%)
Intermediate 18.05 to 15.33 . . 17.71 (87.50%)
Short 15.33 to 17.8 . 16.4111 (56.23%) .