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 15.52 to 18.63 . . 16.71 (61.74%)
Intermediate 18.63 to 16.51 . . 20.1 (169.34%)
Short 16.51 to 20.28 19.06 (32.36%) . .