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 15.41 to 17.29 16.89 (21.28%) . .
Intermediate 16.34 to 17.29 . 16.89 (42.11%) .
Short 16.61 to 17.29 . 16.89 (58.82%) .