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 27.07 to 10.12 14.48 (25.72%) . .
Intermediate 16.99 to 10.12 . . 14.48 (63.46%)
Short 10.12 to 14.6 13.09 (33.71%) . .