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 17.75 to 13.24 . . 16.02 (61.64%)
Intermediate 16.42 to 13.24 . . 16.02 (87.42%)
Short 13.24 to 15.88 15.32 (21.21%) . .