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 31.56 to 11.55 16.515 (24.81%) . .
Intermediate 22.5 to 11.55 . 16.515 (45.34%) .
Short 15.56 to 12.73 . . 16.515 (133.75%)