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 32.72 to 15.76 20.42 (27.48%) . .
Intermediate 22.53 to 15.76 . . 20.42 (68.83%)
Short 15.76 to 19.27 18.52 (21.37%) . .