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 16.82 . 9.22 (45.18%) .
Intermediate 16.05 to 9.22 11.195 (28.92%) . .
Short 12.5 to 9.22 . . 11.195 (60.21%)