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 15.73 to 18.6 17.73 (30.31%) . .
Intermediate 16.66 to 18.6 . 17.73 (44.85%) .
Short 18.6 to 17.67 . 18.19 (55.91%) .