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 18.46 to 12.23 13.04 (13.00%) . .
Intermediate 15.12 to 12.23 13.04 (28.03%) . .
Short 12.32 to 13.04 . 12.709 (45.97%) .