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 21.25 to 13.17 . 17.84 (57.80%) .
Intermediate 19.17 to 13.17 . . 17.84 (77.83%)
Short 16.47 to 13.3 . . 17.84 (143.22%)