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 8.52 to 19.4 . 14.65 (43.66%) .
Intermediate 14.065 to 19.4 . . 14.65 (89.03%)
Short 19.4 to 14.46 15.85 (28.14%) . .