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 11 to 20.46 . 15.42 (53.28%) .
Intermediate 14.23 to 20.46 . . 15.42 (80.90%)
Short 20.46 to 17.75 . . 20.24 (91.88%)