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 to 21.65 . 16.93 (54.57%) .
Intermediate 21.65 to 16.5001 . . 21.19 (91.07%)
Short 16.67 to 21.49 . 19.32 (45.02%) .