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 14.58 to 18.41 . 16.61 (47.00%) .
Intermediate 15.76 to 18.41 . . 16.61 (67.92%)
Short 18.41 to 16.48 . . 19.08 (134.72%)