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 18.55 to 12.7 . 15.47 (47.35%) .
Intermediate 16.29 to 12.7 . . 15.47 (77.16%)
Short 12.7 to 15 14.67 (14.35%) . .