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 13.72 to 20.61 . 17.05 (51.67%) .
Intermediate 20.61 to 17.05 . . 20.48 (96.35%)
Short 19.72 to 17.05 . . 20.48 (128.46%)