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 17.88 to 15.32 . 16.68 (53.13%) .
Intermediate 16.04 to 16.68 . . 16.135 (85.16%)
Short 16.04 to 16.68 . . 16.135 (85.16%)