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 17.2 to 10.92 . 13.45 (40.29%) .
Intermediate 16.81 to 10.92 . 13.45 (42.95%) .
Short 13.39 to 10.92 . . 13.45 (102.43%)