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 15.35 to 18.75 . . 16.58 (63.82%)
Intermediate 18.75 to 16.5 . . 18.11 (71.56%)
Short 16.71 to 18.1 17.79 (22.30%) . .