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 12.75 to 17.5 17.38 (2.53%) . .
Intermediate 13.6 to 17.5 17.38 (3.08%) . .
Short 16.77 to 20.96 19.57 (33.17%) . .