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 26.01 to 13.83 18.46 (38.01%) . .
Intermediate 23.74 to 13.83 . 18.46 (46.72%) .
Short 18.56 to 13.83 . . 18.46 (97.89%)