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 18.41 to 10.67 . 15.02 (56.20%) .
Intermediate 17.94 to 10.67 . 15.02 (59.83%) .
Short 14.68 to 10.67 . . 15.02 (108.48%)