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 27.8 to 15.83 19.57 (31.24%) . .
Intermediate 23.06 to 15.83 . 19.57 (51.73%) .
Short 15.83 to 19.57 18.26 (35.03%) . .