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 15.55 to 25.29 . . 15.73 (98.15%)
Intermediate 21.02 to 15.73 16.53 (15.12%) . .
Short 18.425 to 15.73 16.53 (29.68%) . .