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 19.5 to 11.05 13.95 (34.32%) . .
Intermediate 16.61 to 11.05 . 13.95 (52.16%) .
Short 13.25 to 11.13 . . 13.95 (133.02%)