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 11.06 to 16.99 16.37 (10.46%) . .
Intermediate 13.8 to 16.99 16.37 (19.44%) . .
Short 16.99 to 16.25 . . 16.78 (71.62%)