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 20.98 to 14.07 16.65 (37.34%) . .
Intermediate 17.27 to 14.07 . . 16.65 (80.62%)
Short 16.72 to 14.24 . 15.62 (55.65%) .