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 25.36 to 12.661 15.5 (22.36%) . .
Intermediate 19.89 to 12.661 15.5 (39.27%) . .
Short 16.11 to 12.661 . . 15.5 (82.31%)