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 23.52 to 16.14 17.88 (23.58%) . .
Intermediate 21.74 to 16.14 17.88 (31.07%) . .
Short 18.39 to 16.14 . . 17.88 (77.33%)