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 22.06 to 12.82 . 18.15 (57.68%) .
Intermediate 18.2 to 16.46 . . 18.15 (97.13%)
Short 18.2 to 16.56 17.05 (29.88%) . .