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 7.15 to 17.72 14.38 (31.60%) . .
Intermediate 9.7899 to 17.72 . 14.38 (42.12%) .
Short 13.99 to 17.72 . . 14.38 (89.54%)