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 19.98 to 13.86 15.8 (31.70%) . .
Intermediate 16.83 to 13.86 . . 15.8 (65.32%)
Short 16.49 to 13.86 . . 15.8 (73.76%)