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 23.53 to 14.68 . . 22.68 (90.40%)
Intermediate 14.68 to 23 . . 17.7101 (63.58%)
Short 17.16 to 23 . . 17.7101 (90.58%)