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 to 24.05 . 13.18 (45.20%) .
Intermediate 18.42 to 13.18 . . 17.5275 (82.97%)
Short 18.42 to 13.18 . . 17.5275 (82.97%)