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 13.85 to 17.01 . . 14.7 (73.10%)
Intermediate 17.01 to 14.68 . 15.7999 (48.06%) .
Short 14.68 to 15.7999 . . 14.7 (98.21%)