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 24.7 to 14.05 . 19.27 (49.01%) .
Intermediate 22.15 to 14.05 . . 19.27 (64.44%)
Short 14.05 to 19.32 . 16.55 (52.56%) .