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 19.75 to 11.6 14.77 (38.90%) . .
Intermediate 18.76 to 11.6 . 14.77 (44.27%) .
Short 15.82 to 11.6 . . 14.77 (75.12%)