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 17.63 to 13.55 15.02 (36.03%) . .
Intermediate 15.62 to 13.55 . . 15.02 (71.01%)
Short 15.205 to 13.55 . . 15.02 (88.82%)